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[January 02, 2013]
Elite Traders Group Issues Report on Stocks in the Red Hot Mobile Gaming Industry: (OTCQB: OBJE), (NASDAQ: COOL), (NASDAQ: GLUU), (NASDAQ: NCTY)
New York, NY, Jan 02, 2013 (eTeligis.com via COMTEX) Elite Traders Group Issues Report on Stocks in the Red Hot Mobile Gaming Industry: (OTCQB: OBJE), (NASDAQ: COOL), (NASDAQ: GLUU), (NASDAQ: NCTY) New York, January 2, 2013 - NY OBJ Enterprises, Inc. (OTCQB: OBJE) is on the verge of releasing Phatasmica new mobile social game to the market. This game app industry is centered on the "freemium" model. With this model it is free to play with options to buy virtual items. The company hopes to capture a significant share of this $10 Billion and rapidly growing industry. Research shows that consumers are currently spending about 43% of the time on their phones playing games and is increasing. Recent exposure has resulted in an increase of 132% in share price in the last 3 days. Cash volume in that same time period is just under $400k. After briefly reaching the 3 day high of $3.25 on Fri. it has done traded between $1.80 and $2.10. The following companies are big players in the same industry and can be representative of what can be expected for this company. (Get Free Trend Analysis)http://www.firstpennypicks.com/get-your-free-research-report/ Majesco Entertainment Company (NASDAQ: COOL)develops and markets video game products primarily for family oriented, mass-market consumers. The company publishes video games for various interactive entertainment hardware platforms, including Nintendo's DS, DSi, and Wii; Sony's PlayStation 3 and PlayStation Portable; Microsoft's Xbox 360; and personal computers. It also publishes games for various digital platforms consisting of mobile platforms, such as iPhone, iPad, and iPod Touch, as well as online platforms, including Facebook. Trading over the last 3 months has been consistently between 75k and 300K on average, with a high 1.39 million shares. That brings in nearly $350k in cash volume per day. (Get Free Trend Analysis)http://www.firstpennypicks.com/get-your-free-research-report/ Glu Mobile, Inc. (NASDAQ: GLUU) designs, markets, and sells mobile games worldwide. It offers a portfolio of action/adventure and casual games to smartphones and tablet devices users through direct-to-consumer digital storefronts, as well as to feature phone users served by wireless carriers and other distributors. The company averages an astonishing of 2.85 million shares traded per day. With a daily range of $2.38-2.27, that calculates to over $6 million in cash volume. (Get Free Trend Analysis)http://www.firstpennypicks.com/get-your-free-research-report/ The 9Ltd. (NASDAQ: NCTY)The9 Limited, together with its subsidiaries, engages in the development and operation of online games, and Internet related businesses in the People's Republic of China. It offers online games, including massively multiplayer online role playing games (MMORPGs), Web games, social games, mobile games, and TV games. The 52 week range on this stock is between $7.97 and 2.71. (Get Free Trend Analysis)http://www.firstpennypicks.com/get-your-free-research-report/ To Receive More Reports like this one Subscribe free at
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