Posted on 09 March 2010 by admin
The next symbol I introduce looks poised to make a move upwards.
In fact, I didn't think I would be releasing this symbol to members for one more day because I thought the symbol could drop...but it developed a base...then made a move upwards which could put traders into better profit positions
... so I'm writing this as fast as I can...
...especially since this symbol could see increasing volume this week and become a profitable trade idea!
My Next HUGE Pick is....
*** CitySide Tickets, Inc. (OTCPK: CITM) ***
"CIST" offers a diverse range of concert, theatre and sporting event tickets for sale through www.CitySideTickets.com...and they Company is growing at a very rapid pace.
As a secondary market, CIST also allows visitors to the site to not just buy tickets, but sell their own tickets which is estimated by Forrester to grow 12% annually becoming a $4.5 Billion market.
CIST ticket offerings include:
- Concerts: CIST is offering concert tickets for acts such as Taylor Swift, Bon Jovi, Lady Gaga, and Elton John & Billy Joel, and many others.
- Theatre: CIST is offering tickets for Wicked, The Jersey Boys, South Pacific, and Phantom of the Opera, among others.
- Sporting Events: CIST offers tickets to Major League Baseball, NBA Basketball, NFLFootball, and NHL Hockey events. The Company also offers Monster Jam tickets,National Finals Rodeo tickets, Ultimate Fighting Championship tickets, U.S. OpenTennis Championship tickets, and WWE-World Wrestling Entertainment tickets.Additionally, CitySide Tickets offers tickets to NASCAR racing events. This includestickets to the Daytona 500 at Daytona International Speedway as well as the AtlantaMotor Speedway, Darlington Raceway, Indianapolis Motor Speedway, MichiganInternational Speedway, Pocono Raceway, and Watkins Glen International. This is inaddition to a host of other racetrack offerings presented on the
company’s web portal.
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Notable Recent Developments...
#1. National Television ADvertising Strategy: CIST announced on 2/19/10 that the Company would air over five hundred 30-second commercials on national cable channels, including CNBC, CNN, MSNBC, Bloomberg and FOX News. CIST expects the commercials to be seen by over 8 million people during the 21-day schedule. That's huge exposure!
#2. Letter of Intent for Purchase of StadiumTickets.com: This acquisition indicates potential for growth through acquisitions. On 2/22/10, CIST announced that it had signed a letter of intent to acquire 100% ownership in StadiumTickets.com, an international entertainment and event ticket broker exchange. The acquisition consideration and timing of the completion of the acquisition was not indicated but StadiumTickets.com is utilizing the same toll-free telephone call in number as CIST.
At the pace these announcements are coming people could certainly expect to hear about upcoming milestones CIST has accomplished...and that could cause a spike in demand in shares.
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I wanted to get this email alert out the door because I believe this could be an opportune time to consider entering after developing a base and closing up 9.47%.
CIST bounced off the support level and seems to be picking up momentum.
So, take a good look at this symbol because I believe there could be a lot of coverage on it. And that typically increases demand and price-per-share (PPS).
If that's the case then CIST could be moving to higher levels in the near term.
So, traders should consider loading up on CIST!
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