The amount of money an investor will make with 5 million cheap shares sold at 10 cents is just amazing. 5 million shares@ 10 cents $500,000. Now that is a new house.
TheDirectory Partners With Mobile Industry Leader. Very exciting read.
TheDirectory founder and CEO Scott Gallagher issued the following comment regarding today's press release: "Clearly the future of the Local search space will be based on a user's ability to find local businesses via Mobile devices. In fact according to a recent study, in just 18 months from today, 2015, more Americans will be accessing the web using a mobile device than by using a desktop computer. Add the fact that 70% of all mobile search's result in some sort of action within an hour of the search, a phone call, a store visit, an email, etc. The findings of the statistical data could not be clearer. The future of our business will be based to a very large extent on Mobile. Our build, buy or partner growth strategy is based on growing efficiently without sacrificing products or technology. Our ability to drive and convert mobile traffic for our clients into phone calls, appointments and visits as well as our ability to drive and convert traffic to our core Local directories will be of the utmost importance in this strategy. To that end we've selected Duda Mobile as our mobile partner for our customer channel. Over 2 million mobile websites have been built using the Duda Mobile platform. We've built many client websites using their platform, the search and traffic results have been impressive. Duda Mobile has the products we need to capitalize on this massive opportunity in the Local mobile search space."
Bought for a Million shares of MJNA & sold in February at 47 cents. Made a ton of money. I own ZNGA & SEEK. Current own 6.7 million cheap shares of SEEK. Just imagine when I sell 40 cents or 50 cents how much money I stand to make. Think about it.
The local search space is experience huge growth and SEEK is taking advantage of it. SEEK specialty is local search. Buyouts are very common in this space.
The market for acquisitions in this space is robust on all levels. A couple of buy out offers have been made by 100 million dollar company owned by a Multi-Billion Dollar company. SEEK rejected both offers.
But a buy order for the next trading day. Will start off with 6.7 million shares. Love the fact the stock is so cheap. M&A activity in the search space is plenty. All I need is a 25 cents move and I will make over 3 million dollars in profit. These pennies add up if you own a few million cheap shares....
Sentiment: Strong Buy
investors very excited. SEEK enter mobile space with partnership with mobile industry leader Duda Mobile for its customer channel. The Company will be developing custom Mobile search applications for its directory channel.
TheDirectory Announces Strategic Partnership With City Grid Media for Local Search Content.
We've been in discussions at various times over the past few years with City Grid/City Search regarding opportunities in the Local space. We're very excited to begin a mutually beneficial relationship that will vastly enhance the user experience across our network. Our network is experiencing record traffic so far this year. Our new platform has been designed with one thing in mind; connect Local businesses with Local customers by creating a beautiful user experience. Our final UI changes will be completed over the coming weeks. At that time our platform will be vertically branded and rolled out across the entire network. Partnering with a best in class Local search pioneer like City Grid to distribute Local content across our network not only significantly increases our ability to monetize our traffic, but it enhances the overall user experience throughout our network by connecting quality Local businesses with targeted search users."
Sentiment: Strong Buy