I have  a lot of fun with ticker symbols….some are fitting for the stock they represent, but others are unintentionally funny…like BLAP.  To me, it reminds me of the old Batman TV show when the words like “POW” or “WHACK” are superimposed on the screen during fight scenes.  What would “BLAP” represent?  Probably, if someone tripped and landed on their rear ends.

Seriously, though, BLAP is a stock that bears watching.  The stock was a recent high flyer (a little pump and some good news) and has retraced its recent gains.  The company continues to put out positive news and it appears that the sellers have all “gone home”.  Nothing recent with news, but I have a call in to the company to see what is going on.

BLAP is a design house specailizing in creating cutting edge iPhone, Facebook and Twitter applications.  They have little or no income, but have put out a whole host of positive PR.  You can take a peek at Yahoo! Finance to see.  Whether their intitiatives turn into income is yet to be seen, but BLAP, to me, is only a chart play right now.

Here is the chart…and, you will see what I mean.

This is a high-risk, high-reward play.  BLAP, despite a ticker symbol that sounds like a rude sound, has potential and bears watching.  Any break downward from here and the stock should be avoided.  Any strengthening could mean that buyers are coming back in.  I would like to see more recent PR’s from the company and with no financial data published, that increases the risk on this deal.

Good luck and good trading