Today's Major New Pick:
FONU (FONU2, Inc.)
That was an especially big play for Platinum Members, who had exclusive access to the pick, well before it was released to anyone else. Yesterday we told you that a new pick would be coming today and that new pick is FONU. We chose to release this pick early to Platinum Members, at 6:30 am today, so that they would have the opportunity to read up on this one, ahead of time because it really is starting to seem as though it may be on the cusp of a solid turnaround. While we usually tend to stay away from picks that are in the triple zeros, we have decided to go ahead with this one, due to a solid combination of increased momentum, solid trading, a great deal of positive sentiment and confidence being shown by current holders, and expectations that there will be some serious updates soon to come from the company.
While there was no significant movement yesterday for this pick, the important thing to take into account, is the elevated volume on this pick. Volume has increased here exponentially lately, which goes to show growing interest in the company, especially as the company begins to hone in on its stated plans from way back in April, to acquire other businesses. With so much time having gone by with there having been no terribly significant news releases since, we believe that that acquisition news may not be too far off, so this is definitely a good time to take a look at this one.
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