Thursday, June 7, 2012

Signature Devices Inc. (SDVI)


Hello,

One of the Stocks I'm watching today (SDVI)


Signature Devices creates and develops social networking systems include social networking server software, social networking games and console games.
The company also publishes software including video games, and commercial products through its sister company Graffiti Entertainment, Inc.  (http://www.signaturedevices.com/)





What makes me like this stock is the fact that anything that has something to do with networking always tends to do good. Although SDVI is unable to break away from the chain, I strongly believe it is not to far away to happen.



Two days ago they have released some good news, which we are waiting to see what effect this news will have on  SDVI. 


"Announced Gold status for 24 SKUs (Stock Keeping Units) in its award-winning Reader Rabbit online games series.  The titles include Reader Rabbit for Preschool, Kindergarten, First Grade and Second Grade in Spanish, French, Finnish, Swedish, Norwegian and Danish (in addition to versions previously made available in English)." (signaturedevices.com) 

Should I buy some shares from SDVI?

The answer to this question would depend 100% on you. You should not take others' opinion to know go and trade a stock, especially penny and sub-penny stocks, which are very dangerous. In my opinion, I would trade SDVI, but I would be watching it close to know when I should sell.

Good luck trading!!!!

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