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Our Pick of the Year: TAGG
Hi Everyone,
TAGG's slight rise today looks very bullish with the continued accumulation. We believe right now is the calm before the storm and current levels could be VERY different as early as next week.
There are only so many chances one can get to pay attention at these levels! Shares are definitely being scooped up and next week is looking very promising for TagLikeMe.
TAGG is our pick of the year and we are confident that the Company will be trading significantly higher soon.
20-30 cents could be possible before the month is even over!
Big players are looking at small social media companies as valuable assets to their own business.
Between May and July of this year, big players were making some huge purchases to keep up with the social media revolution. This past year purchases totaled over $3 billion USD!
First it was Oracle acquiring Virtue in a deal valued at $300mil, then came the acquisition of Buddy Media by Salesforce.com for $689mil in June, and then the month after Google acquired Wildfire for about $250mil.
Let's not forget even bigger purchases made by Microsoft and Facebook - Microsoft paid a little over $1 billion for Yammer and Facebook paid $730 million for Instagram.
It's been rumored just recently that Apple wants to acquire Color Labs, a multimedia sharing startup. Color Labs allows users to create groups and within those groups, anyone who is within a certain location, can automatically add photos and videos.
Accenture recently acquired avVenta Worldwide for an undisclosed amount; this was a move to extend the Company's social media marketing.
Salesforce also just recently launched a new social media software to fend off competition.
TAGG is certainly in the right industry and is aggressive at building their name. We wouldn't be surprised if the Company receives a buy out offer eventually.
These share prices could be the opportunity of a lifetime!
Happy Trading!
Your VictoryStocks Editor.
