FLANKENKING ALWAYS GIVE BESTEST ADVISE, FROM ICG GROUP BOARD
flankenking•May 22, 2011 12:47 PM
If you go to the message-board of Local Corp (LOCM), you could see, that I had invest a great portion of the amount of the sales in this shares and owning now exact 23,500 share and had paid in the average a little bit less than $3. Because I believe, we will see a similar development like by the increase of Internet Capital to the share-price today. But I will increase my investment not above 25,000 shares, because I don't want to hurt my own rules of dviersification.
The growth of Yelp is from 55.0 million revenues in Q2/2013 to only 58 - 59 million revenues in Q3/2013 (guidance) with only 6.9% for a company with such a high valuation between bad and miserable. The growth of Local Corp from Q2/2013 to Q3/2013 will be higher.