Myriad Interactive Media, Inc. (OT

Myriad Interactive Media, Inc. (OTCQB: MYRY) made a huge acquisition today, and shareholders loved it! Prices soared up 26% on double the average volume. We like it from its current price levels.

What Does MYRY Do? Myriad Interactive Media Inc. (OTCQB: MYRY) is an Interactive media company focused on the design and development of cutting edge interactive media websites, social media marketing and web services based in Toronto, Ontario, Canada. Myriad is owns 100% rights to the MingleSuite social media technology. http://www.myriadim.com also owns a 10% interest in an online real-estate portal and several additional web properties. Myriad Interactive develops innovative applications. Some popular applications that have been developed soley by Myriad include http://www.otcshortreport.com and http://www.tickertweets.com Check out a stock chart video done by Affix Trader from the TopInvestmentAlerts team. This video should be viewed for entertainment purposes only - our general disclaimer applies to this stock chart video as well: Great News + Share Structure! An excerpt from today's awesome press release: "Myriad Interactive Media, Inc. (OTCQB: MYRY) (XNG.BE), a global interactive media & development company, today announced the completion of its acquisition of a social media points application from Dallas based Brazo Technologies, LLC. MyMobiPoints™, Brazo's innovative iPhone application, is expected to enhance Myriad's MingleSuite™ social media technology with a slate of features for mobile device users." Read the full release here . The company only has 50,518,470 shares issued and outstanding as of May 12, 2013, which means this is a low float stock. Today, 865,258 shares were traded, which is substantially higher than the average volume of 217,489 shares. This coupled with today's solid gains of 26% means huge accumulation on the chart. The Accum/Dist and OBV lines are spiked up in agreement, as is the CMF (Chaikin Money Flow) indicator. All short-term momentum indicators are curled up and looking bullish, including the Wm%r, TRIX, and MACD indicators. Good luck, traders!

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