VGGL Stock Analysis

VGGL continues to rise 14% today after Wednesday’s 28.95% gain. The stock pop after earnings report beat for the first quarter of fiscal year 2015. Viggle Inc. is an incentive-based, interactive loyalty program and application that seeks to enhance the television viewing experience and make television more rewarding for viewers, advertisers and producers. It is too early to tell whether the stock is a long term buy or not because the company is still relatively small. There are about 20% institution holders of this stock, it is interesting to see whether this number will increase. The more institution holders, the better for the stock. In the short term, the stock could go higher. However, it is a risky stock to hold as it is very volatile with low trading volumes. The stock is currently trading at $3.91 with 2.34M in trading volume.

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