Pro Breaks Down History’s Largest IPO

“Take some time and catch this limited replay of Ben Sturgill covering the ARAMCO IPO. I love how he breaks down his processes into easy-to-digest bites.” – Jeff Bishop
“You don’t want to miss this replay. You asked for it! Ben is delivering!” – Jason Bond

Dallas Mavericks Mark Cuban Just Took A 7.4% Stake In My Vringo (VRNG) Stock Alert

Vringo Inc. (AMEX:VRNG) went out to my subscribers Sunday April 1, 2012 after I found this article on the Business Insider. By Tuesday April 3rd, just two days later, Vringo shares saw a 146% price increase form $1.65 to a high of $4.05. Then I recommended VRNG again as a textbook Fibonacci Retracement play on April 5, 2012 and you can see the amazing results here. And now this morning we’ve come to find out Mark Cuban, the owner of the Dallas Mavericks has placed a huge bet on the mobile software maker.

Once again I’ve successfully presented a trading opportunity to my subscribers well before major players and media jumps on board and pumps the stock to millions of readers. That’s right, Vringo is now making HUGE headlines at CNBC, MarketWatch and the Wall Street Journal this weekend which is sure to drive shares higher than $4 this week, well over 150% from where I first alerted my subscribers just 9 days ago. You can bet some serious institutional buying is probably coming soon.

Here’s an excerpt from MarketWatch…

Cuban takes 7.4% stake in app maker Vringo

By Nathalie Tadena

Mark Cuban has taken a 7.4% stake in video ringtone maker Vringo Inc. VRNG, a disclosure that comes a day after the billionaire made an investment in another applications maker.

Vringo develops mobile video, personalization and social-application platforms. In February, the company said its Facetones app, a Facebook Inc.-integrated visual ringtone based on pictures from a user’s friends, reached 1 million downloads.

The stake of about 1.03 million shares makes Cuban Vringo’s largest holder, according to data from FactSet Research. Hedge fund Iroquois Capital LP has the second-biggest stake in Vringo at 6.4%.

Shares jumped 16% to $3.53 after hours. Through the close, stock had more than tripled since the start of the year.

This isn’t the first time I positioned my subscribers way ahead of Wall Street’s finest. On January 9, 2012 I bought 2,000 shares of Lions Gate Entertainment Corp. (NYSE:LGF) stock at $8.47 and alerted subscribers because I was convinced “The Hunger Games” release in March would drive the stock price significantly higher. The following day I added 2,000 shares to my position at $8.85.

  • 1/9/12 – Bought 2,000 LGF at $8.47 on high of day break here. This one is from the watch list and I plan to add 2,000 shares higher or lower.
  • 1/10/12 – Added 2,000 LGF at $8.85. Now long 4,000 LGF at $8.66
  • 1/11/12 – My goal is a breakout above $9 which should shoot it up into the $10 – $11 range. I feel confident LGF will breakout.
  • 1/13/12 – I’m planning on holding LGF long and I mean long…probably a month or two. LGF has a lot and I mean a lot going for it right now and I think it trades well above $10 soon.
  • 1/20/12 – I probably won’t look to sell until we get closer to “The Hunger Games” release date of March 23, 2012. There are plenty of good catalysts here to make this a $12 stock or better. I plan to double up at some point.

Read more on how my subscribers and I were in LGF way ahead of Jim Cramer and the rest of Wall Steet

Featured Content:

Exclusive System Tracks Wall St. Insiders

“Dollar Ace Simply Exposes Information That Wall Street Wants To Keep Quiet.” Said Kyle Dennis
“One member, Wesley M., has already reported 360%+ gains in just a few short days. Don’t miss this!”
(Reserve Access Now)

“What Recession?!” Jason Bond nets $55,060 in realized profit in One Day

After going 6 for 6 on profitable trades recently, we caught up with Jason to ask how he did it.
Check out Jason’s exclusive interview revealing this tightly guarded strategy. (Watch Now) Co-Founder, Jeff Bishop, Launches High Conviction Trade Service

“We listen to our clients and we give them EXACTLY what they want, so we designed a service to deliver 1 trade, 1 time a week, with a 100%+ PROFIT TARGET, directly to your inbox every Monday before the market opens.” (Read More)