Zillow has with 39 million only the 1.8-fold revenues of Local Corp, but with 2,310 million market-cap the 62-fold of idiotic low 37 million
of Local Corp:
Local Corporation Reports First Quarter 2013 Financial Results
• Revenue – First quarter 2013 revenue of $21.8 million
• Adjusted EBITDA – The company reported positive Adjusted EBITDA for the first quarter 2013 of $605,000
Zillow, Inc. Reports Record First Quarter 2013 Results
•Record Revenue of $39.0 million,
•Adjusted EBITDA was $5.1 million Le
Judging by all of ;your posts on several boards, you must be a one man PR machine for LOCM. If you feel LOCM is a better buy at 1.60 than Zillow is at 66.76, no body is stopping you from selling Z and buying LOCM. Time will tell who is right. But beating a dead horse here will not tempt me to buy a 1.60 stock that institutions cannot buy.
The result of such an extreme divergence is simple: After my opinion it makes sence to sell all the from the incubators pushed and extreme overvalued shares of Zillow at once and buy from the amount shares of extreme undervalued shares of Local Corp, which were bashed from the criminal gambino-crime behind The Street Seeper.
Zillow has only half Monthly Unique Visitors of Local Corp, but with 2,310 miliiion the 62-fold market cap of Local Corp
Local Corp (market-cap of 37 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
05/2013: 27,804,187 Monthly Unique Visitors
06/2013: 23.015,278 Monthly Unique Visitors
Local Corp has additional to the 23.015,278 Monthly Unique Visitors from the flagshipsite near 13 million Monthly Unique Visitors from the network = together about 36 million Monthly Unique Visitors. The result: Local Corp has near double US-Monthly Unique Visitors than Zillow, but the market-cap of Zillow is with 2,120 million the 61-fold market-cap of the market-cap of Local Corp of only extreme idiotic low 37 million.
Compare with the development of Zillow’s (2,310 million market-cap) Monthly Unique Visitors:
Localcorp who? Z is doing a lot more in monthly uniques and growth than wherever you get your numbers. I think your conclusions are wrong considering the growth and low market penetration of online real estate info portals. Lots of money to be made.