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LEESPORT, PA–(Marketwire – Apr 25, 2011) – Idle Media, Inc.’s (OTCBB: IDLM) wholly-owned subsidiary DatPiff.com announced the 24 hour results of Fabolous’ mixtape: TheSoulTape. The mixtape logged over 100,000 streams and gained a hefty 88,000 downloads in the first 24 hours of release placing it #1 on DatPiff’s “HotThisWeek” mixtape ranking chart and “going Silver” on the website — a ranking which signifies over 50,000 downloads.
Fabolous took the time to contemplate on the success saying, “I want to thank all the fans for taking the time out to download the tape. Shouts out to DatPiff.com for all the support and hard work.”
Fabolous, a NYC-based artist responsible for hits such as “Superwoman,” “Breathe” and most recently “You Be Killin’ ‘em,” partnered with DatPiff to bring his newest mixtape project to the world. DatPiff provided the infrastructure to host the mixtape for Fabolous’ fans, and spearheaded a promotional blitz across the internet that made Thursday’s release one of the top-performers it has seen.
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.