LiveDeal, Inc. (NASDAQ:LIVE)

CAPS Rating: No stars

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Player Avatar TSIF (99.96) Submitted: 9/23/2012 9:42:00 PM : Underperform Start Price: $6.80 LIVE Score: +21.69

LiveDeal, Inc showed some signs of life the last two weeks, spiking over 80%. The low volume, low float (2.4M shares) stock is becoming known for it's no-news, short covering, computer trading, speculating cycles and as expected, pumpers on the message boards pointed out that LiveDeal hit $15 per share in July on a similar cycle. Timing a peak on low float trader stocks, with no intrinsic value can be a little difficult, but so far my timing has been "timely" and those stuck in their downthumb for sometime now can thank me for turning the tide for them! ;)

LiveDeal has no long term values. 6X book, $5 Million a year losses, will need to replenish cash soon with only $1.75Million showing in the bank against $1.3M in accounts payable.72% insider holdings, 13 employees, just making a living in Internet directory services and marketing. A small cap company trading like it deserves more than the mom/pop sized attention it deserves.

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