Mobile Streams - Reversal Signal?

Mobile Streams (AIM: MOS), closed tonight at 25.0p (down 4p - 13.8%). This looks to be a classic Low - high, High - Low reversal and perhaps signals a time to take profits on this young growth Company, current MCAP = £9.1m.

The graph below shows the clear signal...

Since we spotted the breakout on 14th March 2012, when the price was 11.875p, MOS has had a good run - increasing by 13.125p (+110.5%) at the closing price today. However, now seems like a good time to take profits and wait for the next set of results, as I believe the likelihood is that a drift back in the share price is on the cards.

However, with the volatile market and the looming Greek election on Sunday, it would be a brave person that would suggest re-investing before next week!

As ever, DYOR and make up your own mind on Mobile Streams.

Happy Investing - despite the gloomy weather!

Mick.

Will Iofina be a summer sizzler?

You could be forgiven if you haven't heard of Iofina (AIM: IOF), as it has been keeping it's head down - building its business of iodine and natural gas production. It closed today at 31.75p, giving a MCAP of £35.6m.

Please invest 5 minutes to look at this video and let me know what you think of the prospects for Iofina.

If you missed the link, within my videocast, to the presentation (produced by Noble Investments) - made by Iofina's CEO (Lance Baller), you can use this link.  You will need 30minutes to watch the complete presentation but it is very worthwhile if you are considering investing in this Company.

Usual warnings ... DYOR etc.