GetFugu ® GFGU Ready to Launch and Explode?
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GetFugu could be a quick winner for many even though all has been quiet recently. Recently GetFugu cleared up the only legal issue it had with SpongeTech ® SPNG and now is poised for some noise.
Many owners of this stock and watchers are preparing for the Blackberry App release which should send this stock on a roller coaster for at least a week a two. (Expected in early Q1) Also, we commented earlier that they seem ‘ripe’ for a takeover or partnership with a larger “search partner”. The GetFugu App doesn’t seem like a miracle but it is one that puts companies ahead of their competitors in a “fun and new” way. If you haven’t visited their website recently, we suggest you do so to see the new look and feel. www.GetFugu.comWhile the company is not “overflowing” with capital right now, we see that as a positive from an investment view. We see them actively seeking a partnership, that when revealed, could send this one out of the park.
Many people have overlooked the “gaming side” and events of recent that have been kept quite from the public. (Such as their recent partnership with Majesco Entertainment. NASDAQ:COOL) Here’s a hint, keep that on your front watch burner. We see this gaming division as one of the key factors moving forward in the news over the next several weeks, along with the release of their Blackberry App.
Keep in mind that we are not concerned at the moment about cash on hand, top or bottom line sales. Instead we are watching for the partnership soon to come that will clearly make this stock a rocket overnight.
We have added this one to our own portfolio and are hoping for a big move in early 2010.
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