eMedia Group Inc (OTCMKTS:EMMD) is a exciting micro-cap who’s pps is up a staggering 1420% YTD. It was clear to those who follow EMMD that something was afoot, and if you look back to trading action in 2017 you can see the logical footprints that an announcement was coming. Shareholder activity started percolating around Valentines Day 2017 and has continued since that day in February. This initial move brought volatility and price appreciation.
All in all, a look at a YTD chart shows the lucky investors who understood the gravity of the news and bought shares under$0.50 cents.
eMedia Group Inc (OTCMKTS:EMMD) had one short earlier this month to $0.75 cents. And the pullback proved a buying opportunity in early March, and you had a very small window to get onboard. This opportunity proved to be one of the better trades so far in 2017 – as prices rose sharply to above the $3.00 mark, where it sits today. Once everyone figured out the revenue model here and how it worked the market attached the correct valuation for shares taking its market cap from a tiny $10 million dollar valuation to the current cap of $224M.
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The company recently announced the acquisition of AirlineFlightSearch.com, a fully operational portal which customers can use to book flights and hotels.
Emedia Group is adopting a strategy that was pioneered by Expedia and the Priceline Group, which entails acquiring a myriad of currently operational websites in order to help exponentially increase the general web presence of the company as well as take up a large number of positions in the search engines.
“Both Expedia and Priceline Group spent the last decade operating a multitude of different internet portals to give the appearance of choice to customers. This strategy has helped them become the dominating forces in this industry and fuels around 10 billion dollars per year in revenues for each of them,” said the CEO of Emedia Group.
Emedia Group develops customized web solutions with both commercial and retail applications. Currently focused on further development of fare aggregators and travel metasearch engines, Emedia Group owns and operates international online travel and hospitality web portals where users can search for flights and hotels and select the most economical options.
On February 21, 2017 the Company announced that it acquired and rebranded two apps for iOS and Android smartphones.
Emedia continues to build on its TheHotelGiant brand with this newest offering to travelers.
“The Travel Giant” Apps available for both Android and iOS will give mobile users throughout the world access to flight and hotel bookings on their smartphone.Travel sales booked via PCs were around $116 billion in 2015 and mobile bookings brought in around $52 billion, according to an analysis by “Emarketer.” Mobile bookings could pass $70 billion this year while PC bookings are expected to remain at around $110 billion.
“This acquisition is a milestone for the company. It marks our entry into the smartphone arena where more than 60% of American travelers now book a trip. This will ensure that the company remains relevant and innovative for years to come as mobile platforms continue gaining market share,” said the CEO of Emedia Group, Inc.
Only the market knows if these valuations will hold for eMedia (EMMD), but a look back at the lucrative online booking world and the price appreciation of Expedia and Priceline make watching shares in this stock important. Investors normally stick with a sector where they have profited, and online travel portals will have many followers who think the moves in the larger players may be over. This will create demand for a new player in the field, and in our eyes this is already in progress. Watch what happened here in Emedia as clue to how the rotation may be taking place in online travel portals. For continuing coverage on shares of $EMMD stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!