3SOF

A Breakout Stock Trending Higher...

Majesco Entertainment(COOL), a provider of video game products primarily for the family-oriented mass-market consumer. This stock is off to a monster start in 2011, with shares up over 284%. Majesco is clearly in the sweet spot and benefiting from a big trend, with consumers scrambling to buy the company's popular Zumba Fitness game.

This stock was being marketed right in front of me just a few weeks ago, and I didn't even realize it, when a number of my friends on Facebook were posting status updates raving about how great of workout Zumba was. The takeaway here is to always be watching for trends, including via social media outlets, because they could lead you to a hot stock.
Majesco trades at a trailing price-to-earnings ratio of 51 and a forward price-to-earnings ratio of just 9.87. Majesco has a strong balance sheet, with $7.89 million in cash on the books and just $84,000 in total debt. This company recently raised its 2011 guidance for revenue to $100 million to $110 million from $85 to $90 million, and for earnings per share to 20 cents to 25 cents from 6 cents to 10 cents.

If you take a look at the chart for Majesco, you'll see that this stock has just started to break out above some past overhead resistance at around $2.84 a share. This breakout is coming on huge volume. On Thursday (an up day), over 5 million shares traded hands vs. the three-month average volume of around 1 million shares. That's 4 times the average trading activity as the stock breaks out to a new five-year high. That's extremely bullish action, and it's a follow-up to a high-volume gap up from just a few weeks ago. Evidently some large institutional traders are warming up to this stock.
This stock could easily be a double- or triple-bagger from current levels if the uptrend can continue. You could buy the stock now and place a stop around some near-term support levels at $2.20 or even $2 a share. Or you could place a stop around the uptrend line, which I drew in on the chart above.
Please understand that this is a very speculative stock and not the type of equity to bet the farm on, but it could be a great play for the high-risk part of your portfolio.

Profile: 

Majesco Entertainment Co.
160 Raritan Center Parkway
Edison, NJ 08837
United States - Map
Phone: 732-225-8910
Fax: 732-225-8408
Website: http://www.majescoentertainment.com

Details   
Index Membership: N/A
Sector: Technology
Industry: Multimedia & Graphics Software
Full Time Employees: 71


Business Summary   

Majesco Entertainment Company provides interactive entertainment products primarily in the United States and Europe. It offers video game software and other digital entertainment products. The company publishes video games for interactive entertainment hardware platforms, including Nintendo's DS, DSi, and Wii; Sony's PlayStation 2 and PlayStation Portable; Microsoft's Xbox and Xbox 360; and personal computers and other mobile devices. It sells its products primarily to retail chains, specialty retail stores, video game rental outlets, and distributors, as well as international publishers. Majesco Entertainment Company has a strategic partnership with Martha Stewart Living Omnimedia Inc. to develop and produce interactive electronic games. The company was founded in 1998 and is based in Edison, New Jersey.


Business Overview

BRIEF: For the three months ended 31 January 2010, Majesco Entertainment Co.'s revenues increased 66% to $48.5M. Net income increased 78% to $6.8M. Revenues reflects an increase in sales from United states region. Net income also reflects the absence of loss on impairment of software development, higher gross profit margins, a significant fall in depreciation and amortization expenses and a rise in operating income. http://www.majescoentertainment.com/

Majesco Entertainment Announces 'The Hidden' for Nintendo 3DS(TM)
Augmented Reality Ghost Hunting Experience Due Out This October

Press Release Source: Majesco Entertainment On Wednesday April 6, 2011, 10:00 am EDT
EDISON, NJ--(Marketwire - 04/06/11) - Majesco Entertainment Company (NASDAQ:COOL), an innovative provider of video games for the mass market, announced today The Hidden for the Nintendo 3DS™ system is in development for an expected release this Fall. Developed by 1st Playable Productions, this augmented reality game turns your handheld into a portal to the astral plane as you hunt through real-world environments with the Nintendo 3DS camera. Become a paranormal investigator by searching, capturing and destroying supernatural entities hidden within your own surroundings. In addition, this location-based adventure allows you to unlock all ghosts and reveal the full game storyline by bringing your Nintendo 3DS with you as you travel in the real world, finding hidden spirits in new locations.

"The Hidden is a great example of exciting content mixed with compelling technological innovation on the Nintendo 3DS," said Jesse Sutton, Chief Executive Officer, Majesco Entertainment. "This immersive experience leverages many key features of the new system -- including the camera, gyroscope and Wi-Fi capability -- to deliver a rich 3D adventure with multiple layers."

As a member of the elite G.E.I.S.T. squad, Ghostly Entity Investigation and Strike Team, you must work with your team to track, capture, shoot and eliminate evil spirits, including fast-moving Kamikazes and Tanks, solid phantoms armed with claws. Explore different real-world locations to find and destroy new ghosts. Battle and defeat powerful entities using a full arsenal of high tech tools and upgradeable weapons, including the Plasmatic Disruptor, Ectoplasm Sensor and Spectral Shield. Navigate through tunnels to access a hidden dimension and collect power-ups to fight off dangerous threats. You will also use the Circle Pad and Nintendo 3DS gyroscope control to shoot and destroy ghosts, while keeping a log of your otherworldly discoveries made at previously visited places using the Location History feature.

The Hidden for Nintendo 3DS is expected to launch this October, just in time for Halloween. For additional information about Majesco's exciting line of products, please visit www.majescoentertainment.com.

About 1st Playable Productions
1st Playable Productions, LLC is an independent game development studio with a focus on handheld games for kids, a licensed developer for Nintendo DS™, iPhone™, and Nintendo 3DS™, as well as other embedded game platforms. The studio is known for innovative gameplay, including networked features, downloadable content, and integration of real and virtual worlds, and has created games such as Puzzle Quest DS, Club Penguin: Elite Penguin Force, and Ubisoft Style Lab Jewelry Design. The studio also creates games for education and social change, including retail and research titles, and organizes an annual Symposium on Games in Education. 1st Playable Productions LLC is located in Troy, NY. More information about 1st Playable Productions can be found online at www.1stplayable.com.

About Majesco Entertainment Company
Majesco Entertainment Company is a provider of video games for the mass market. Building on more than 20 years of operating history, the company is focused on developing and publishing a wide range of casual and family oriented video games on Kinect for Xbox 360®, PlayStation®Move motion controller, Wii™, Nintendo 3DS™ and Nintendo DS™, Facebook® Platform, mobile and other leading platforms. Product highlights include Cooking Mama™, TETRIS® Party Deluxe and Zumba Fitness®. The company's shares are traded on the Nasdaq Stock Market under the symbol: COOL. Majesco is headquartered in Edison, NJ and has an international office in Bristol, UK. More info can be found online at www.majescoentertainment.com or on Twitter at www.twitter.com/majesco.

Safe Harbor
Certain statements contained herein are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as "may," "will," "intend," "should," "expect," "anticipate," "estimate" or "continue" or the negatives thereof or other comparable terminology. The Company's actual results could differ materially from those anticipated in such forward-looking statements due to a variety of factors. These factors include but are not limited to, the demand for our products; our ability to complete and release our products in a timely fashion; competitive factors in the businesses in which we compete; continued consumer acceptance of our products and the gaming platforms on which our products operate; fulfillment of orders preliminarily made by customers; adverse changes in the securities markets and the availability of and costs associated with sources of liquidity. The Company does not undertake, and specifically disclaims any obligation, to release publicly the results of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

Contact:
Contact: Marina BeckRogers & Cowan(310) [email protected]

Majesco Entertainment Co. is Today's Focus Stock on MicroStockProfit.com

Press Release Source: MicroStockProfit.com On Friday May 27, 2011, 6:50 am EDT

DALLAS, May 27, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Majesco Entertainment Co. (Nasdaq:COOL). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/COOL

Majesco Entertainment Co. (COOL) provides video games for the mass market. The Company is focused on developing and publishing a wide range of casual and family oriented video games on Kinect for Xbox 360, PlayStation Move motion controller, Wii, Nintendo 3DS and Nintendo DS, Facebook Platform, mobile and other leading platforms. COOL's product highlights include Cooking Mama, TETRIS Party Deluxe and Zumba Fitness. It sells its products primarily to large retail chains, specialty retail stores, video game rental outlets and distributors.

This newsletter has been helping traders make great investment decisions on COOL; click here for a 25% discount offer.

In the report, the analyst notes:

"Shares of COOL made more than 12% gains in Thursday's trading after the video game maker announced plans to release new titles in its best-selling Mama franchise."

"Earlier this month, COOL also announced its plan to release Zumba Fitness 2, the sequel to the popular dance-fitness video game since its release in November last year. Zumba Fitness 2 will be released on Wii and is slated for a holiday season release."

To read the entire report visit: www.microstockprofit.com/lp/COOL

See what investors are saying about COOL at http://www.stockhideout.com

Get breaking news on COOL at http://thestockmarketwatch.com/

MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com

MicroStockProfit.com Disclosure

MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our Web site, MicroStockProfit.com, for complete risks and disclosures.

Contact:
Brian [email protected]

Nice symbol...
Pick up on any pullback...should recover and grow from here!
Has had a gain of 101.90% since added to my watch list on 02/21/11 

Day's Range: 2.95 - 3.25
52wk Range: 0.49 - 4.15
Volume: 1,615,846
Avg Vol (3m): 1,604,670
Market Cap: 120.07M
P/E (ttm): 55.96
EPS (ttm): 0.06
Div & Yield: N/A (N/A)

Technicals
Last Price Quote is:
10.81%above 13-day EMA
8.75%above 50-day EMA
RS Rating: 97 

This mornings, updated chart look...

Making a COOL move