Tuesday, January 24, 2012 11:50:20 AM
SAPX - See Report & latest DD
SAPX is currently up 16% to $0.54 on massive volume and news just hit the wires at 10:15 AM. Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
SAPX is currently up 16% to $0.54 on massive volume and news just hit the wires at 10:15 AM. Check it out: http://finance.yahoo.com/news/Seven-Arts-Announces-iw-3127187613.html?x=0
SAPX announced that they executed a definitive agreement with David Michery to acquire his music assets. Mr. Michery is a music industry veteran with an extensive track record of accomplishments. The acquired Michery assets are comprised of recording agreements with several artists, including two completed albums with multi-platinum artist DMX. Seven Arts also announced that "Undisputed," the first of these two completed DMX albums, is scheduled to be released in the United States in the second quarter of 2012 through Fontana Distribution, a division of Universal Music Group. The terms of the acquisition were not disclosed.
DMX's last four albums, which were released between seven and twelve years ago, earned gross revenues averaging more than $35 million per album in the United States, according to SoundScan. DMX is the only artist in the history of The Billboard 200 to reach No. 1 with his first five albums.
It looks like there is still some resistance at $0.54 but if we can break through then like we said in our first alert we think we can see the next leg up on the chart.
Take a look at the chart:
The stock's RSI and MACD indicators are entering into the power zone which lead us to believe the run is potentially just getting started.
Barchart.com just gave SAPX its HIGHEST BUY RATING!
Check it out for yourself: http://barchart.com/quotes/stocks/SAPX
Now that the technicals confirm a short-term breakout we are seeing the word spread fast and many traders are starting to take notice. Remember, the last time the stock started to catch momentum like this it exploded to over $5 per share!! That's insane! Obviously this stock has a big following.
SAPX is an independent motion picture production company engaged in developing, financing, producing and licensing theatrical motion pictures with budgets in the range of $2 million to $60 million for exhibition in domestic (i.e. the United States and Canada) and foreign theatrical markets and for subsequent post-theatrical worldwide release in other forms of media, including DVD, home video, pay-per-view, and free television.
Some of the biggest movies to hit the big screen were ones made on a very low budget.
My Big Fat Greek Wedding`s production budget was $5 million yet brought in over $350 million worldwide!!
The movie Rocky was made on a budget of about $1 million and made over $225 million. It even won three Oscars including Best Picture!
Halloween was produced on a budget of $320,000 and ended up grossing $47 million in the US, with a worldwide gross of $60 million.
Napoleon Dynamite cost less than $400,000 to make but its gross revenue was almost $50 million.
The Blair Witch Project had a budget of $35,000 and made $284 mil worldwide!
Even the most recent Paranormal Activity was made on a measly $15,000 and ended up grossing domestically over $107 MM!
The proof is in the pudding and there is no doubt that it could be done again. It's only a matter of time and who will be the lucky company that hits.
Go to : www.7artspictures.com/ and you can see some of the movies that SAPX has made to start to position themselves for that potential hit.
These are the movies currently in production: http://www.7artspictures.com/films/index/in-production
As you can see, SAPX has a lot of movies in the pipe and this industry is recession proof!
Not many people realize but even during the worst recessions people go to the movies. In fact, last year was a record year for the industry!
Peter Hoffman of Seven Arts and Michael Ryan of GFM negotiated the terms with Manu Kumaran of Medient for acquisition of worldwide rights to Nick Cassavetes' new feature "Yellow." The film has completed shooting and will be ready for release this spring of 2012!
In the tradition of Cassavetes' previous festival favorites, "Alpha Dog" and "She's So Lovely," "Yellow" is a dark comedy about a young woman who comes to terms with her family's shadowed past. The ensemble cast features Sienna Miller, Melanie Griffith, Gena Rowlands, Ray Liotta and a breakout performance by Heather Wahlquist. Seven Arts and GFM expect the film to premiere at a major film festival next year.
This is a HUGE catalyst for the stock and could be the hit movie that SAPX is looking for!
Keep SAPX on your radar for a potential explosive breakout for the short-term and as always protect your investments! Never invest what you can not afford to lose.
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