A great chart, this stock was left for dead and has risen from the ashes. Just how much higher can this stock go. Since we have no recent data the chart doesn't help much other than to show great gains for those in at the lows.
What we do have today is a nice rally on light volume. Look at the initial burst higher, it was on heavy volume. In my opinion this bodes well for further gains. It is taking less buying pressure to move the stock. Let's see what happens from here. Recent news is below:
NEW YORK, Apr 19, 2012 (GlobeNewswire via COMTEX) -- Digital Utilities Ventures, Inc (Stock Symbol:DUTV), an innovator in Internet Protocol video transport systems, announced this week its planned launch of the First Open Source Media Network that will empower media viewers to create and broadcast their own programming for the Internet Protocol TV (IPTV) market. Today the company is pleased to announce it will release details in the upcoming weeks of new broadcast network called Vizzage which will allow users to develop their own content and upload it to our IPTV platform. This will unleash the full power of individuals as the ultimate content creators, broadcasters and Smart TV producers. Now everyone will be able to produce programming with an unlimited range of subjects covering live broadcasts of concerts, Independent Films, Web series, Multiline news shows, showing all broadcasting for all walks of life.
iCB Live offers a broad range of sophisticated analytic tools, which record viewer habits and statistics for every channel. This feature makes monetizing content and brand building easy. For advertisers this means targeted commercials dedicated to people's interests in real time based on what they watch, buy, and read about.
"This platform will allow for live streams of video games, championships and Xgames style sports. Not to mention live theater, comedy, learning shows, music, painting, cooking and more. The sky is the limit here, ending the TV industry's virtual monopoly of content and energizing an untapped treasure trove of global talent," said Garry McHenry, CEO of DUTV. "Think of our new broadcast channel as the "World Studio" for the Internet. Anyone will now be able to upload and showcase their talents on the Vizzage Network and be seen globally on TV!
We have partnered with InCommand Broadcasting, LLC (iCB Live), which will enable us to establish our brand worldwide. This partnership will change the way broadcasting has been done traditionally for the last 80 years.
"We expect to showcase our brand logo and business plan and projections in the coming weeks via our corporate website and other investor and consumer mediums," concluded McHenry.
About Digital Utilities Ventures, Inc -- Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. The Company was formed to utilize its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services market. The Company went public on March 26, 2009. Website: www.DUTV.US
ABOUT inCommand Broadcasting (iCB Live)
InCommand Broadcasting, LLC, also known as iCB Live, is a Dallas, Texas-based Corporation providing an Internet Television network and/or Internet TV channels for anyone desiring to broadcast or distribute audio/video content over the internet. inCommand Broadcasting also specializes in customizing software solutions for those entities with a desire to offer a unique experience or applications for broadcasting and streaming.
inCommand Broadcasting provides a hosted "cloud based" platform that allows customers to easily broadcast (stream) audio/video programs Live over the Internet. Customers can also store content onto their channel(s) for On-Demand viewing. inCommand's platform provides a user friendly, fully customizable branded website (or page) for each of its customers to host their own Internet channel, store and manage their content libraries, and capture revenue from viewer subscriptions, or individual program viewings via pay-per-view or pre-paid ticketing technology. All broadcasting origination and viewer reception is accessible worldwide anywhere an Internet connection is available, and fully-functions on any computer device or smart phone.