May 10th 2013 Trade Alert: Our Next Pick Is TALK After an extensive due diligence process, we've discovered an emerging growth company that is well positioned to become the greatest momentum trade for this quarter and possibly the entire year. Our team of analysts believe they've uncovered a company that could be far more profitable for investors than our last trade idea that netted over 300% for our readers.
Our latest breakout stock for this quarter is iTALK Inc., trading under the symbol TALK.
Before we discuss the fundamentals, news and developments of TALK, which makes this such a compelling story, we must first take a quick moment to understand the technicals and recent momentum.
TALK is trading above $1.75 right now on steady and consistent increasing daily volume, which in itself is a strong buy indicator. More importantly though, MACD indicates a move above the previous week's average and shows support above the line, signalling another key buy level. Looking at the chart, its obvious the stock is just entering a rally and what looks to be a major move with little resistance since trading above the dollar mark. If current technicals continue, we could see triple digit gains for shares of TALK within a very short period of time!
Lets take a closer look at what has brought TALK to the forefront of our trading ideas.
iTalk Inc. is a mobile communications company focused on bringing innovative technologies to the communications market. Through a variety of products, including the iTalk Sleeve in combination with an iPod Touch, iTalk provides high voice quality low-cost alternatives to traditional cellular means of communication. iTalk also offers low cost no contract mobile data packages, allowing users to take advantage of mobile internet including VoIP without the need for a cellular contract. iTalk's data and voice services function nationwide in 12,900 cities, representing a population of 280 million.
iTalk currently offers a number of products including:
iTalk Sleeve - Turn Your iPod Touch into a Smartphone iData Tablet - Samsung Galaxy Tablet with built-in iData from iTalk iData MiFi - Mobile Broadband Hotspot iData Service - Dell Inspiron Mini
On March 3rd of this year iTalk Inc. made an exciting acquisition by announcing that it has executed the definitive documents completing the acquisition of RocketVoIP, an established 10-year-old residential and business broadband Voice over Internet Protocol (VoIP) phone service provider. The acquisition comes at an ideal time, as in a recent report published by Infiniti Research Ltd., the global mobile VoIP solutions market was predicted to grow at a compounded annual growth rate of 64.6% over the period of 2011-15.
RocketVoIP provides calling plans that allow users to make unlimited local, long distance and international calls to over 100 countries. RocketVoIP lets customers use their broadband to call the world. RocketVoIP customers utilize our networks of Internet gateways and other traditional networks to place long distance calls, online, at discounted rates. The Company is committed to the long-term success of its customers by providing premium, dependable, telecommunications products using its VoIP enhanced services platform. The addition of RocketVoIP's products and services is a natural fit for iTalk's growth strategy, and a strong example of how the company plans to expand its revenue and earnings through acquisitions.
iTalk Inc. Introduces Samsung Galaxy Tablet with built-in iData Mobile Broadband from iTalk
On Friday iTalk announced that they have introduced the Samsung Galaxy Tab as the latest device. The Android-powered Samsung Galaxy Tab mobile tablet is a powerful entertainment device ideal for home or on the go. With the addition of iData 3G/4G mobile broadband by iTalk, the Galaxy Tab also becomes a powerful communications tool with on-the-go data and voice capabilities without relying on an insecure hotspot. Weighing just 1 pound, it features a vibrant 7-inch touchscreen display with 3D-like graphics, speedy 1 GHz processor, and the Android 2.2 operating system. With integrated Google technology, the Galaxy Tab brings one-touch access to the popular Google mobile services millions use every day, including Google Search by voice, Google Maps with Street View, Gtalk, YouTube, Picasa, and contacts/calendar synchronization. The Galaxy Tab, like all Android-powered devices offers full support for Adobe Flash Player 10.1 for accessing Flash-enabled websites, watching video and playing games (unlike Apple OS devices).
iTalk Inc. Signs Letter of Intent to Acquire Telecommunications Company ITG Inc.
After the close Friday iTalk ended the week in an exciting fashion by announcing that they have signed a Letter of Intent to acquire the assets and business of ITG, Inc., an established 17-year-old international telecommunications company.
Tasked with the exciting responsibility of bringing iTalk to the next level is an experienced team who come equipped with years of experience and a vast network of relationships.
CEO David Levy has experience in leading companies in technology and communications and in growing startup companies into global players. Prior to joining iTalk, David was the CEO of Inzon Corporation, during which time he was responsible for developing a proprietary VoIP technology.
CFO Mr. Richard Deahas has more than 25 years of experience in diverse financial accounting, as well as systems and regulatory experience.
Director of Asian Operations Mr. Philip Loh has over 20 years experience working with Chinese manufacturers, a broad network across the Pacific Rim and working knowledge of best business practices in Asia. During his career he has led Manufacturing and Capacity Planning at National Semiconductor in Singapore and acted as Director of Operations for SubMicron System's Singapore based operations in Asia.
We have been tracking iTalk Inc. (OTCBB:TALK) diligently and think that now offers traders and investors an excellent opportunity to triple their investment on iTalk Inc. Spend a few minutes now and see why we think iTalk Inc. offers early investors the potential for over 300% in gains.
Our research department has been tracking the progress of this equity over the last few weeks and have come to the conclusion that there is tremendous opportunity for investors. As fair disclosure we would like to make clear that all investors should do their own research on this trading idea. We are managing a forty thousand dollar per week budget for research and dissemination of this report paid by Crystal Financial LLC . Hundreds of companies make it on our radar but only a few a year have the qualities for us to put our resources towards them. Good luck trading..