Don't get me wrong. I like LOCM but revenues and bottom line profit mean two entirely different things. so do GAPP and NON-GAAP measures
PLUS, the real kicker to OPEN was the international business.
there is room for both in your portfolio and the two earnings announcements of both proove that.
LOCM will get more coverage and more serious money when its deserved. they are somtime late to the party. Open had an advantage of going public with some big name behind it and in today's IPO market there is little fluff coming on as nobody can stomach that these days.
I would not see this as an either/or situation. why would you put all your money in one place?
LOCM has some nice merits for sure, but it is not the leader, running at a loss by standard measures and a negative return on equity currently.
that being said, they seem to be growing nicely and it will be important to see how they expand and if that takes more capital which in turn will slow down the move to serious profitability. if they handle that , they should do real well and certainly worth an investment IMO.
Remember that OPEN owns this market with no true direct competitors YET and their margins are rapidly expanding because their infrastucture in in place. it is the sales/operations that will cost money but the adoption rate is expanding with less expense than in the start up time. they thrive on mobile apps and this is the fastest growing segment of the communication market.
again, look at the major players in this stock. that can be good and bad but there is a lot of stock held by large names that don't and can't drop it on the street. as shorts have found out, its hard to borrow and can squeeze someone fast.
not the same with LOCM, but I did nibble at the mid 5 range on the pull back