Social media is growing at an exponential rate and Intertainment Media could be the best near term tech stock to take advantage of the growing space. Gartman alone projects a 500% increase in tablet users in the next 4 years.
Ortsbo, one of Intertainment Media's 4 products they have designed is already trampling over metrics set by the largest Social media site currently Facebook which was last valued at $80 billion dollars as of April 14th, 2011.
Microsoft took a 1.6% stake in Facebook in 2007 when it reached 50 million monthly unique users and as of Apri l11th, 2011 Ortsbo has 11 Million monthly unique users and growing.
Microsoft's stake in Facebook gave it a valuation at the time of $15 billion dollars or $300/per user.
If we were to given half of this valuation to INT which has one product growing faster than Facebook INT would have a share price of $13.20. $150/ user at 11 million unique users / 125 M shares = $13.20.
That would give us over a ten bagger even from these levels, if you're going to sell and take profits I wouldn't advise doing so until we've at least reached a more respectable market capitalization and not $14/per user or 1/11th of Facebook and Twitter. Last I checked Facebook didn't have China nor Gene Simmons on their side.
Short losers are going to lose bigtime.. alpha at all time low, globe and mail flunky a paid drone. 2.00 by next fri. germany loves this stock. open lower on mon then pops back up watch and learn basher losers.