Sunday, January 10, 2010

MRNJ has Been on Fire and I Think It Shoots Higher From Here

Metatron Inc. - Trading Symbol: MRNJ

As usual, I'd like to start by sharing with you what I am noticing in the price chart. Then I'll profile the company, its business model, and why I think its stock may be headed higher.


1
) After hitting a multi-week high last November, the stock likely fell victim to tax-loss selling (which often occurs near the end of the year). Despite a very bullish gap higher a couple of days ago (as traders returned to the market), the stock is still currently trading for about 50% of this recent high.


2)
Upside volume is expanding... suggesting accumulation near current levels

3) The MACD is trending higher with the bullish momentum oscillator continuing to expand.

4) The stochastics is in a strong uptrend, yet is not deeply overbought...suggestingadditional upside is possible.



I think this High-Volume Bullish Gap may signal the end of the downtrend.... and mayoffer members a very favorable entry level with potentially higher prices in both the near and intermediate-term.


I think if we break through the resistance point of .14 (which the stock has been banging up against this week), we could see another rally to the upper teens or maybe even past .20. On the other hand, I think we should all be watching the .10 which is right above the 50-day MA. If we breach that, I would look to try and catch it again closer to the .06 level.

So what exactly does MRNJ do?

MRNJ is a multi-business consumer corporation consisting of highly-related FAST GROWING companies that transact through the Internet and mobile devices such as Apple's Iphone and Google's Droid.

MRNJ's network of partner companies operate in the HOTTEST BUSINESS SECTORSincluding...

· Online dating (via CupidsDevil)

· Credit card processing (via JustData Inc.)

· Next-gen relational database development and search engine advertising optimization (via PB Magic Inc.)

· Iphone/mobile device applications (via i-Mobilize, Inc).

The company's mission is to harness the power of technology to make people's lives more productive and enjoyable.

According to the company, as a private company for a number of years....


Metatron Inc (MRNJ)-- Serviced thousands of Internet customers

Metatron Inc (MRNJ)-- Remained virtually debt-free with a very low overhead structure

Metatron Inc (MRNJ) -- Generated millions in revenue (much of which is based on sharing in its clients' increasing cash flow.)

Metatron Inc (MRNJ)-- Maintained a profit margin of over 30%

Now... Pay Close Attention To This!

In order to capitalize on many opportunities in the current economic environment MRNJ'smanagement has decided to take the Company PUBLIC to finance its projected rapid expansion.

This means that now the investing public (and more importantly, readers like YOU), can participate in the HUGE GROWTH POTENTIAL of this company -- very close to the "ground floor".

And speaking of "Growth"...check THIS out!

MRNJ just announced that a new agreement with Digital Management Associates LLC will enable the two companies to bring thousands of classic movie and television shows to your mobile phone!

Metatron CEO Riehl explained, "Our first iPhone Video Delivery app has been submitted and APPROVED by Apple, and we have dozens of titles on sale NOW. While we certainly are not yet a household name like Netflix or Blockbuster, we can now bring classic movie content to millions of mobile devices, and expect to be releasing thousands of titles in the coming months."

Not only that....

MRNJ also recently announced it has entered into a mobile distribution agreement with Momentum Entertainment and Sports Network, LLC.

The venture will include a series of iPhone and Droid applications for MESN's popular sports, reality, and lifestyle TV shows including Destination-X, Zone-X and Josh and JB.


According to the two companies, this deal has the possibility to bring distribution to 50 countries and 650 million mobile phone users!


Metatron CEO Joe Riehl explained, "This major agreement moves i-Mobilize one step closer to reaching its goal of being the fourth largest distributor of mobile content by Spring 2010, behind only Google, Apple and Amazon." To read the complete article Click Here

I think this company is just getting started, and has the potential for BIG GAINS in 2010. And with its stock price appearing to have bottomed only about a week ago, and lots of great news beginning to come from management, I can't think of a better time for my members to know about this one.

So find out everything you can on this company and add it to your watch list right away.

And to see some of the hottest Apps of 2009, I also encourage you to Click Here.

Remember to always use the appropriate stop losses, trailing stop losses and anything else you can think of in order to protect your investment should you decide to trade in this stock!

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