Monday, June 29, 2015 8:31:06 PM
For those you like me who don't get it, here's the deal. There are a huge number of highly successful software developers who have made fortunes developing applications for using Apple hardware.
One of last year's featured stocks which hasn't really ever found its footing is LifeApps (LFAP). LFAP issued a news release this morning giving an overview of its direction as it relates to Apple's new products.
In his closing remarks, Tim Cook specifically stated he was looking forward to seeing what comes from the development world using the new Apple tool kit in terms of creative aps for the new devices.
In conjunction with all the other product releases, Apple released a new developer tool kit which allows companies like LFAP to develop new APS.
LifeApps (LFAP) has a long standing and successful relationship with Apple and iTunes. The company received critical acclaim for its work in the iTunes newsstand, which hasn't been as commercially successful as Apple hoped it would be.
Now, it's on to the new frontier. No doubt LFAP will be developing some new products using Apple's healthkit and the newly released Tool Set.
LFAP could easily be a candidate for a 30% to 40% rebound. Just a little buy side volume might send this one north on the chart, as its completely blown out and ready to rebound.
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