Major news signals lift off (extreme low float)
Published: Tue, 05/03/16
 Hello fellow investors / traders, Back to it tomorrow with a new thin, low float play with another hot chart that has shorts scrambling to cover the positions.
SPYR, Inc (SPYR) started to break out today on major news that the company is developing a multiplayer online game that, could provide the opportunity for significant sustained revenue growth. What makes this development so special is that SPYR is teaming with an experienced developer, Spectacle Games, that has worked on some of the most successful Massively Multiplayer Online (MMO) games over the past few years, such as World of Tanks that in 2015 generated $446 million revenue (2014: $400 million and 2013: $475 million).  According to the press release today, "With full funding allocated for the plan, the Company anticipates releasing revenue projections for SPYR compiled by Spectacle Games, which will set forth Pocket Starships' potential revenue and profitability, by the end of the third quarter."You can read more on this major press release below... Barchart.com loves SPYR giving it an amazing 88% strong bu.y rating, you cant get much better than that. Watching the price action today was rather telling. The shorts were scrambling to cover as new buyers came in, and the close near highs of the day was confirmation that tomorrow could be a true breakout day. SPYR broke above long term resistance today of around $0.27 on strong volume, a very bullish sign for momentum to accelerate tomorrow. SPYR is a holding company that through its wholly owned subsidiary SPYR APPS, LLC, is engaged in mobile application and game publishing and development. SPYR also owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's®" through its other wholly-owned subsidiary, E.A.J.: PHL Airport Inc. The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders. You can learn more on their website http://spyr.com/ Today SPYR released this news... SPYR's Pocket Starships Game Provides Opportunity For Significant Sustained Revenue Growth DENVER, May 3, 2016 /PRNewswire/ -- SPYR, INC. (SPYR), a holding company with wholly owned subsidiaries in the mobile game, app development & publishing industry, and in the restaurant industry today explained its previously announced deal to publish Pocket Starships, a Massively Multiplayer Online (MMO) game (www.pocketstarships.com) through its subsidiary SPYR APPS, LLC. On January 21, 2016, SPYR announced its deal with Spectacle Games to publish Pocket Starships, a free-to-play cross-platform (PC and Mobile) MMO game where players can build and pilot numerous starships in real-time space battles, recruit players and form strong alliances, and battle with and against thousands of other players worldwide on a quest for galactic domination. (http://ir.spyr.com/press-releases/detail/119/spyr-signs-deal-to-publish-and-market-popular-pocket) Since the beginning of the year, Spectacle has been developing updates for the game and the SPYR team has been working on its marketing plan, both of which will be implemented soon. The combination of those efforts is expected to result in significantly increased revenue and user growth. MMOs like Pocket Starships are popular online games, in part, because they allow players from all over the world to join together and compete with each other in real time and on a large scale. Moreover, MMOs are games that generate some of the largest user bases and highest average revenue per user in the digital games industry (http://www.gamesindustry.biz/articles/2014-04-10-world-of-tanks-leads-the-way-in-average-revenue-per-user) (http://www.gamesindustry.biz/articles/2014-01-20-league-of-legends-2013-revenue-topped-USD600m-report). What Pocket Starships has that other MMOs do not, however, is a combination of real-time and cross-platform play, meaning that players of Pocket Starships are playing with each other in real time on both mobile and web-based hardware (smartphones, tablets, PCs and Macs) and platforms (iOS, Android, Kindle, Windows). Paul Thind, SPYR's Managing Director of Mobile Games and Applications commented: "We are not aware of any other game that can be played in real time on mobile phones and tablets and on desktop and laptop computers. This unique aspect of Pocket Starships will allow us to market the game to a much larger audience than most, and it will allow for lower user acquisition costs because it costs less to acquire a PC or Mac web-based player than it does to acquire a mobile
user. Also, because MMO titles are typically developed for non-mobile platforms, Pocket Starships affords SPYR the unique opportunity to bring MMO gaming concepts to the mobile world." With full funding allocated for the plan, the Company anticipates releasing revenue projections for SPYR compiled by Spectacle Games, which will set forth Pocket Starships' potential revenue and profitability, by the end of the third quarter. SPYR APPS and Spectacle Games anticipate that a small content patch for Pocket Starships will be launched sometime in May and the first new large content patch for Pocket Starships will be launched in August, with additional content updates currently scheduled to be developed and released every 3-4 months. Typically, with games of this genre, content updates translate to an increase in game revenue. Get SPYR on your screen now and do your research before tomorrow. SPYR is a very thin low float play that we think has the potential to deliver high double digit gains with ease. I'll touch base in the morning with an update. Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. ShiznitStocks.com employees are not registered as an Investment Adviser in any jurisdiction whatsoever. The disclaimer is to be read and fully understood before using our site, or joining our email list. None of the materials or advertisements herein constitute offers or solicitations to purchase or sell securities of the companies profiled herein and any decision to invest in any such company or other financial decisions should not be made based upon the information provide herein. Instead ShiznitStocks.com strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. 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