Not much of a shakeout...
Well here we are longs breaking out to a 52 week high, with really good volume.. Somehow the street is still sleeping when it comes to tng.v. No one is pricing in a profitable year for this company. They also are not properly valueing swift shader and the recent deals to date. I also don't believe they are valueing game tree t.v correctly. We are in the age of digital entertainment... IF we meet the goal of 240 million devices running game tree t.v by 2014 year end this stock will rocket. Look at netflix and it's 400 price to earnings ratio for goodness sake! That's the equivalent of tng trading at a 400 million market cap if it turns a 1 million in profit!! Just craziness and I think a 1 million profit this year is attainable. Anyway we are still in the top of the first inning. The fun starts when big players starting trying to buy million share plus positions and the ceo get's on bnn. That's when the heard will show up and real price movements start. Jmho Rory