Just looking at the chart and the highs and lows...0.40 - 1.94....i guess there may be room for upside?? Or downside?? after the merger the ceo said that he appreciated the extra man power from the combination of the two companies...this was at the sidoti conference in new york this past year.
Traffic dropped 25% yesterday, see my other thread for details... whenever they stop buying users, the traffic drops significantly. Also the user base number has stalled and is not growing as stated by mgt during the conference call.
Insiders bought 33,000 shares since June 1, which was almost $20,000 dollars (is that a lot to invest by all the insiders combined?).
They did increase man power at the executive level where they all make $350,000-$400,000 plus lots of bonuses and perks.
If you have the time and are sincere about investing in this company, you should read all of the previous threads and then make your decision. You can gleen a lot from reading all of the posts since the merger.