The big star of the Venture Exchange over the last month has been LX Ventures (
TSX:V.LXV,
Stock Forum), a tech incubator that has its hands on a social media platform called Mobio.
The stock, which Stockhouse Ticker Trax columnist Danny Deadlock
suggested back in October to his paid subscribers, has risen 218% since, up from $0.22 to $0.70 in just a few weeks.
This week alone, V.LXV has shown double-digit increases on three days out of the last four, including a 28% jump Wednesday and, as of the time of writing, a 14.75% jump Thursday.
Deadlock identified the stock as a game-changer just as it started to lift out of 52-week low territory, noting that 85% of Twitter traffic comes from 5% of its users, and that Mobio was working with some heavy social influencers in pre-launch, which appeared to be a good plan going forward. The stock hasn’t looked back since.
Said the Stockhouse columnist, “considering the incredible valuations we are seeing on social media stocks, this may be the tip of the iceberg for LX Ventures (assuming they fully execute on their business model in 2014). On
December 1st a subsidiary of LXV called
Mobio will officially launch
Mobio Insider.”
LXV may well keep climbing through December 1, but Deadlock tells Stockhouse he’s digging through his Vulture Capital system in search of the next tech streaker, and
will tell paid subscribers what that stock is before the end of November.
Deadlock is a 30-year small cap investing veteran with a history of picking winners even in down or sideways markets, including:
MEI.V - Bought $1.20 - Sold $2.70 for a 125% Gain
BKX.T - Bought $0.79 - Sold $0.1.42 for an 80% Increase
VCA.V - Bought $0.17 - Sold $0.55 for a 224% Profit
His columns are posted to Stockhouse for free, but subscribers get them three weeks earlier, which is where the double- and triple-digit profits are made.
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