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4 Кидс Ентертеймент Message Board

  • commoncentsinvestor commoncentsinvestor Jul 17, 2013 10:23 AM Flag

    You can lead a horse to water.....

    Several times in the past I have expressed my enthusiasm for a small company called Destiny Media.(DSNY)

    The last time was in February when it & FOUR were both about .60. Right now it is $1.44. Now I know people like wmish are able to make 150% gains in a day, but for me and others a 150% gain in 5 months is a pretty nice return.

    I still think this is just the tip of the iceberg and that this little gem still has 10 bagger & more potential. Really big things are expected to begin in September. Keep an eye on it.

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    • nice work common ;)

    • Just looked at it. I like the technology. My wife is starting up a business for which easily done videos on her website would be a real plus. Reasonably priced, their technology should take off.

      I'm waiting for a company that can develop replay technology for radios. I'd definitely add a feature to my car radio that would allow recording and playback.

      Sentiment: Buy

    • Commoncents:
      Took your advice and have been absolutely delighted. I have lightened up recently..... Any others like it in the early stages of a big run-up?

      • 2 Replies to ohiobottomfisher
      • Ohio, one more thing about MITK that you should know.

        It has a very high Short Interest. Something in the neighborhood of 25%.

        This tends to really accentuate reactions to good news or bad news. Since I believe that going forward the likelihood for good news far exceeds the likelihood of bad news, I view the large short interest as a positive.

        Should someone like Chase Bank announce adoption of Miteks Mobile Photo Bill Pay, the share price could go up 50% to 100% in a flash.

      • " Any others like it in the early stages of a big run-up?"

        I think it's a great time to pick up some MITK for at least a triple over the next 12 months. Price right now is in the mid 5's. Got up to close to $8 recently but then they did a secondary for $5.25 and that knocked the share price down. With growing small caps that's not unusual and the $15M cash they picked up gives them $30M in the bank and no debt.

        They have a monopoly on Mobile Photo Deposit technology. That's where bank customers can take a picture of a check on their smart phone and have it automatically deposited to their bank account. The reason I believe it has to be at least a triple from here is that last quarters earnings were based upon only about 300 banks being "live" with their technology. That's only 1/3 of the 900 banks that have signed up to use it. There is a time lag between when the financial institution signs up and when they actually put the software to use. The other 600 banks will probably all be active within the next 6 months so just on that alone they should double or triple their revenues.

        On top of that they just introduced their Mobile Photo Bill Pay product. They already have 2 of the top 25 banks using that, and it is expected to be the next hot technology in the banking business just as MPD has been for the last year.

        I have a 12 month price target on it of at least $18.