HeadsUp Entertainment (OTC: HDUP.PK) Stock is Continuing its Wave-Like Pattern
21 Apr 2010

The stock of HeadsUp Entertainment (OTC: HKUP.PK)  is enjoying an interesting cyclical pattern and is probably a good example where technical analysis might be helpful in case this investment is considered. The critical part of the exercise is to find exactly what these peaks are associated with and trade on the findings.

One hypothesis can be good news about the stock reinforced by promotional campaigns. It can be argued that the lack of any news regarding the company activities in the beginning of April resulted in its lower price levels. The price of the stock started picking up towards the mid of the month following positive news from the President and CEO Kelly Kellner that the revenue has grown exponentially over the past 12 months, a result directly related to strengthening marketing, addition of media sales division and the announcement of a pre-production of a poker reality television series. As no financial information is available the company is traded basically on news and expected opportunities.

HeadsUp Entertainment International Inc. is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes. Major brand is Canadian Poker Tour. The company is building relationships with numerous prestigious casinos that have long-established poker tournaments and attracting well-known professional poker players to the tournaments. Current projects:

www.canadianpokertour.tv

www.canadianpokerplayer.com

www.canadianpokerplayer.tv

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