Webmediabrands Inc (NASDAQ:WEBM)
The Company is a global provider of images, original information and events for information technology, business and creative professionals and provides access to online image libraries and develops and disseminates vertically focused, original content.
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WEBMEDIABRANDS INCORPORATED (NASDAQ: WEBM)
"Up 23.09% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/WEBM.php
WebMediaBrands Inc. is an Internet media company that provides content, education, trade shows, and online job board services to media and business professionals. The company’s online business includes mediabistro.com, a leading blog network providing content, career, and educational resources about major media markets and industry verticals including new media, TV news, advertising, public relations, publishing, design, mobile, and the semantic web.
WEBM News:
November 16 - Mediabistro’s AllFacebook Blog Launches First Online Directory For Facebook Services
Mediabistro, a division of WebMediaBrands Inc. (Nasdaq: WEBM) has launched the AllFacebook Services Directory. The new service is a classified subscription that creates a marketplace for individuals or organizations to advertise Facebook-related marketing, software, and other services.
“AllFacebook attracts over 1 million unique visitors monthly and is the number one resource for daily updates and analysis for those interested in Facebook news and business developments. The AllFacebook Services Directory is an easy to use and affordable service that allows individuals and businesses to conveniently market their services to the targeted and rapidly growing AllFacebook audience,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands.
“The AllFacebook Services Directory is the first of many services that Mediabistro will be launching in the coming months for those interested in utilizing Facebook to grow and market their businesses and services," added Meckler.
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BuffetJunior
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Terrible company!
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WEBMEDIABRANDS INCORPORATED (NASDAQ: WEBM)
"Up 23.09% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/WEBM.php
WebMediaBrands Inc. is an Internet media company that provides content, education, trade shows, and online job board services to media and business professionals. The company’s online business includes mediabistro.com, a leading blog network providing content, career, and educational resources about major media markets and industry verticals including new media, TV news, advertising, public relations, publishing, design, mobile, and the semantic web.
WEBM News:
November 16 - Mediabistro’s AllFacebook Blog Launches First Online Directory For Facebook Services
Mediabistro, a division of WebMediaBrands Inc. (Nasdaq: WEBM) has launched the AllFacebook Services Directory. The new service is a classified subscription that creates a marketplace for individuals or organizations to advertise Facebook-related marketing, software, and other services.
“AllFacebook attracts over 1 million unique visitors monthly and is the number one resource for daily updates and analysis for those interested in Facebook news and business developments. The AllFacebook Services Directory is an easy to use and affordable service that allows individuals and businesses to conveniently market their services to the targeted and rapidly growing AllFacebook audience,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands.
“The AllFacebook Services Directory is the first of many services that Mediabistro will be launching in the coming months for those interested in utilizing Facebook to grow and market their businesses and services," added Meckler.
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Too cheap. Looks to be near or past bottom.
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Value play
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ready to jump
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Valuation...seemingly stable revenues
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Tried the arbitrage play here thinking an approximate 10% discount on the buyout price ($9.6) would beat the market over the next 6-9 months until the deal went through. Oops. No deal. For those who haven't rated this yet now might not be a bad time to go outperform. The upside should be pretty strong and the downside is now more limited. Of course, you have heard THAT before.
Recs
There is no reason I can see that this stock shouldn't return to pre-Getty talks levels and then continue advancing from there. I sold (real money) at 10.04 because I wasn't sure where the Getty talks were going, but at these levels I'm definitely looking at getting back in.
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JUPM still has great fundamentals and will rebound from the 35% drop that occured after the Getty merger was called off. Short term rebound is expected. Solid company will attract another look from Getty, or others.
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Poor management, poor IT, failed to integrate acquisitions in any meaningful way. Grab-bag of acquisitions, partnering arrangements. Absolutely no way they can go head-to-head with Getty on IT, global reach, content range. Their subscription model for music - what rubbish and won't work. Their only saviour is to be takeover by Getty.
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Expectation of short-term gains due to restructuring. High risk, but I've put my money where my recommendation is. It's also a stock that I'll be keeping a sell-stop set on as it recovers.
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will become the premiere supplier of internet content
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Possible 25% over next few weeks!
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potential short term upside
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bottom feeder
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Growth numbers throw me off, but have cash on hand to turn it around.
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the ball always bounces back!
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