First, we would like to congratulate our readers who profited from our last report on Feel Golf Company, and saw shares rise almost 300% from the previous day’s close.
This special alert has the same catalyst, a press release after the close of markets. The company announced an agreement with a popular pet website, “Dining With Dogs”. Besides, the stock price is sitting very close to its 52-week low, and as this chart suggests, appears to be in an upward trend. Recent volume also shows that the investors are considering SMVI stock price to be under-valued. SMVI has a history of very decent rallies on news. This PR might be a sign of a turn in the fortunes of this company, and a harbinger of more good news to come for the investors.
Social Media Ventures (SMVI) is an online media venture company, creating and acquiring niche social networking websites, revenue generating web sites and e-commerce properties.