INUV trade ideas
$INUV PT 3 two months later PT 55 four years laterInuvo, Inc., together with its subsidiaries, a technology company, develops and sells information technology solutions in the United States. The company's platforms identify and message online audiences across devices, channels and formats, video, mobile, connected TV, display, and social and native. Its platform also allows advertisers and publishers to buy and sell advertising space in real time. The company's products and services include ValidClick that provides marketing service online, as well as indirectly to various advertisers, where a collection of data, analytics, and software gets used to align advertising messages with anonymous consumers online; and IntentKey, a consumer intent recognition system designed to reach targeted mobile and desktop in-market audiences. It also operates a collection of websites including alot.com and earnspendlive.com, which creates content in health, finance, travel, careers, auto, education, and living categories. The company's marketing channels consist of websites, social media, blogs, public relations, trade shows, and conferences. Inuvo, Inc. was incorporated in 1987 and is headquartered in Little Rock, Arkansas.
INUV Sub 50 Cent Penny Stock To Watch?INUV continued trading after hours on Friday. Interesting volume in the last 4 sessions.
"Inuvo filed the annual meeting of shareholders proxy giving a record date of October 26th for eligible voters. Among the topics to vote on, Inuvo would like to increase its authorized share count to 150 million from 100 million. Many times, companies will do this with a goal of having additional shares to issue for fundraising efforts...In light of this, INUV stock surged late in the afternoon on Friday. Shares jumped from mi-day lows of $0.3712 to a close of $0.4091."
Original Quote Source: 5 Penny Stocks On Robinhood To Buy Under $2; Are They Too Risky?
$INUV Analysis 7/22/2020This stock had some big news today/yesterday about a new tax filing software or something. Means not much to me but a heck of a lot to the market. Shares went up 10 percent. I as thinking with the current unusual volume that maybe it would keep going up a little and we could get a buy in opportunity pre market, or the safer one wait for the next dip and buy in at support. Thanks to @EZ_Bulls , theres a pattern of dips that immediately go upwards when they meet support at around .5. Did more research into the company. Their balance sheet is pretty fair, not much debt compared to revenue. High upside as they have earnings in August too after the sale of their new program.
Breakout might be bullishMy bias is bullish for INUV.
Technicals: There is a slight consolidation on INUV. Wait for a break out of resistance in order to add to the long position. I am long term bullish.
Cup and Handle completedOn the weekly chart INUV formed a year long cup and handle with support at $0.50
Technical analysis:
1. Support at $0.50 for the past 2 weeks, has dipped several times below but always makes quick recovery, resistance at $0.60, if the price breaks resistance we may see a 52-week high in the following days/weeks.
2. Trend line in the upward direction, at the peak of the cup the price shot up to $1.10, then back to the trend line at a support $0.55
Some DD:
-Website advertising company
-Recently released IntentKey an AI software
-300% increase in CTV demand further solidifies strong earnings
-Earnings coming soon (maybe a catalyst?)
Do your own DD , this is only an idea :)
INUV trendSeems like an ascending triangle to me with the mid term trend being in an upward position.
Mini Spike | Andrew AponasDisclaimer: thank you for taking your time to look at my idea please understand that I didn't publish it to influence your decision to invest your money and void myself of any responsibility towards your investments.
Note: I am simply trying to increase the coverage that the company may or may not have by publishing an optimistic guess I don't know anything about the company I am publishing the idea about, I haven't done any research on the company, I don't know what it's operations are, or if it's profitable.
Tip: Check WSJ.com or another professional service if your looking for something you can't find here.
INUV - Possible Bounce - But Could Take TimeInuvo, Inc. engages in the provision of artificial intelligence-driven commerce solutions. It provides platforms that can automatically identify and message online audiences for any product or service across devices, channels and formats, including video, mobile, connected television, display, social, and native. Its products and services include ValidClick, IntentKey, and Digital Publishing. ValidClick is a software for publishers that offers a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors. IntentKey is a consumer intent recognition system designed to reach highly targeted mobile and desktop in-market audiences with precision. Digital Publishing includes branded web properties with content developed, edited, and published by Inuvo. The company was founded in October 1987 and is headquartered in Little Rock, AR.
SHORT INTEREST
346.78K 09/13/19
P/E Current
-1.47
P/E Ratio (with extraordinary items)
-1.13
Average Recommendation: BUY
Average Target Price: 0.48
Inuvo Signs Definitive Agreement to be Acquired Inuvo is a market leader in artificial intelligence whose goal it is to align one-to-one brand messaging with consumer intent.
Inuvo customers include several Fortune 500 companies, major global brands and agencies.
It has the world’s most capable technology for identifying and analyzing consumer behavioral data, along with direct access to advertising inventory from large media and technology partners.
investor.inuvo.com
INUV Pennystock bullish next few daysOver the next few days I see a reach for the .5 Fibonacci level (1.90), or the Pitchfan line; whichever comes first.
Heavy support from at 1.80 from longterm fibonacci level.
I believe the overall trend is still bear for this penny stock, but for the interim its bull.
