Majesco (COOL) Quietly Making Big Move

Majesco Entertainment Co. (NASDAQ:COOL) has been moving under the radar of most investors, but has been soaring over the last several months, almost doubling since it traded at $0.78 on January 1, 2010.

The company develops games for all the major consoles, including Xbox (MSFT), PlayStation (SNE), Nintendo, mobile devices and PCs.

They most work in the casual gaming sector, and the enjoyed recent success with its Zumba Fitness, which was the No. 5 selling video game in January, in an otherwise very slow month.

In the last three months, Majesco has soared from $0.60 at the close of the market November 17, to $1.50 as of close on February 17.