Local.com Corp. (NASDAQ:LOCM)
The Compoany provides paid-search advertising services to local and national businesses on the Internet, which enables businesses to list their products and services in its distributed Internet search results.
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Management has been less than stellar and they could take a hit shutting down the deals business, but the traffic and search revenue are worth more than the current valuation. Should be acquired at $4+
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I think that this stock is coming off of a bottom and growing with the realization of the market that local brick and mortar busineses are either closing in on or already in a sink or swim situation, regarding coming up to speed with the value of accurate and quality local advertising on the web and via smart phones. The company is also getting great press regarding its potential and compared to its competitors it has the best value. By reaching $3 it doubled from its botton in a very short time, so expect corrections by people being happy enough with that and getting out.
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This stock is only valued with 0.5-times-revenues. Competitors have the 10-fold valuations and more.
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I think OMVS will out perform the market with the year
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huge short position fueled by mis-information with the company having a solid base in SPREEBIRD with employees in house and more important patents in local search and as of 1st of august adding GOOGLE to local search with still agreements with YAHOO.
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Streetsweeper.
Possible inflated revenues?
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Local and com, could be a be an exploding bomb.
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Great opportunity to buy this stock due to its 24% drop based on its earning report, This could also be a sign for an Acquisition by Google or yahoo could make this stock to triple.
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The only reason this stock is on the map is GroupOn. On their website they have a link to a company called DealMap that has a "deal of the day" product. This means absolutely nothing. LOCM has no registered users nor do they have the relationship with the deal offering companies. All LOCM does is purchase traffic from Google and bring them to www.local.com and hope that these unsuspecting websurfers click on one of their partners' (Yahoo or SuperMedia) advertiser link. They are hoping that somebody clicks on the "DealMap" link and they will get some bounty for that. As usually (and will be) the case with LOCM, the stock will fall harder than the rise. There are always plenty of sellers when momentum traders rush in, but when momentum traders want out, buyers are hiding under rocks until the stock is completely washed out. They are close to having a cash situation.
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Potential star could rocket from from these lower levels.
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After outperforming it will be acquired by Yahoo.
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bravobevo
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This stock has been unfairly beaten up. I've been following this stock for years and it has made consistent improvements in earnings, sales and subscribers. It's also won numerous awards by their industry.
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Sell this loser. The CEO takes out 3 million a year while the company is losing sales momentum. Down 25% 8/4/2010.
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tall margin potential
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Bought this stock at $6.25 last week. My exist target is 20 share.
Website is getting a tremendous amount of exposure from this move.. Solid revenue growth, and it looks like they could partner or get bought out from Yahoo, Google, Microsoft, etc.
In addition, to Hearst Corporation increasing their ownership interest to 22%, which could end up acquiring the company. Looks Good. I would not want to be short this stock long term.
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