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Local Corporation Message Board

  • waytoogoodforwords waytoogoodforwords May 30, 2013 1:50 PM Flag

    LOCM should be $5+ on momentum of Nasdaq rally alone

    No reason whatsoever LOCM not participating in the monster Nasdaq rally. Stocks with far worse financials than LOCM have already moved 50% or more in the last 90 days. When the Nasdaq last crossed 3500 in Nov. 1999 micro caps like LOCM were already well on their way towards $10. Bernanke is backstopping the markets. This rally will continue. Therefore LOCM should be trading well above its 52 week high of $3.00. $1.66 is irrational to the extreme. LOCM is DOWN about 20% since Jan. 1. This is a Fed fueled momentum rally. Technicals matter little. Fair value $6.00, 12-18 months $9.

    Sentiment: Strong Buy

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    • If you look at the excellent fundamentals is a target of only $5 too low. By a valuation like competitors must the share-price be between $10 and $20 - nearer by $20. Only gigantic naked shortselling blocking at this time a higher valuation. But this on the other site a gigantic chance for in investors. Flankenking had for example increased his ownership to now 77,200 shares - more than a third procent of the outstanding shares.

      • 2 Replies to flankenking
      • Similar jokes are the divergence between Local Corp and Priceline/Tripadvisor

        Local Corp (market-cap of 40 million) development of Unique Visitors:

        11/2012: 18,745,842 Monthly Unique Visitors

        12/2012: 22,738,206 Monthly Unique Visitors

        01/2013: 26,410,927 Monthly Unique Visitors

        02/2013: 24,017,605 Monthly Unique Visitors

        03/2013: 24,427,755 Monthly Unique Visitors

        04/2013: 23,785,928 Monthly Unique Visitors

        Compare with the development of Priceline’s Unique Visitors:

        11/2012: 10,090,532 Monthly Unique Visitors

        12/2012: 9,865,043 Monthly Unique Visitors

        01/2013: 13,270,962 Monthly Unique Visitors

        02/2013: 12,927,291 Monthly Unique Visitors

        03/2013: 15,317,797 Monthly Unique Visitors

        04/2013: 14,081,338 Monthly Unique Visitors

        Compare with the development of Tripadvisor’s Unique Visitors:

        11/2012: 14,134,949 Monthly Unique Visitors

        12/2012: 13,825,652 Monthly Unique Visitors

        01/2013: 17,486,397 Monthly Unique Visitors

        02/2013: 17,073,553 Monthly Unique Visitors

        03/2013: 19,728,219 Monthly Unique Visitors

        04/2013: 18,340,755 Monthly Unique Visitors

      • It is a joke, that Yelp has the 50-fold market-cap and Tumblr the 27-fold price of Local Corp, but both less US-Monthly-Unique-Visitors (newest numbers from Siteanalytics)

        Local Corp (market-cap of 40 million) development of Unique Visitors:

        11/2012: 18,745,842 Monthly Unique Visitors

        12/2012: 22,738,206 Monthly Unique Visitors

        01/2013: 26,410,927 Monthly Unique Visitors

        02/2013: 24,017,605 Monthly Unique Visitors

        03/2013: 24,427,755 Monthly Unique Visitors

        04/2013: 23,785,928 Monthly Unique Visitors

        Compare with the development of Yelp's (market-cap of 2 billion) Unique Visitors:

        11/2012: 19,358,705 Monthly Unique Visitors

        12/2012: 21,017,483 Monthly Unique Visitors

        01/2013: 22,293,301 Monthly Unique Visitors

        02/2013: 21,063,155 Monthly Unique Visitors

        03/2013: 23,364,095 Monthly Unique Visitors

        04/2013: 22,252,993 Monthly Unique Visitors
        Compare with the development of Tumblr’s (offer of Yahoo of 1.1 billion) Unique Visitors:

        11/2012: 24,610,970 Monthly Unique Visitors

        12/2012: 26,348,660 Monthly Unique Visitors

        01/2013: 26,003,223 Monthly Unique Visitors

        02/2013: 24,082,558 Monthly Unique Visitors

        03/2013: 22,990,413 Monthly Unique Visitors

        04/2013: 23,21,082 Monthly Unique Visitors

    • Great analysis! The whole market is at new highs so LOCM should be too? $6 LOL...You should sell your house and buy as many shares of LOCM as you can! You're going to be rich! PUTZ!

 
LOCM
0.0920.000(0.00%)Jul 2 4:00 PMEDT