MM up 6% this morning but this P O S as usual in red - What a garbage stock and management imho
Needs a change in business model. Revenues are a joke despite 800 signed customers some of the largest banks. Even for 2014 analysts estimate is barely $15 mln in annual revenues and a loss of $0.21 imho
SUPERB piece of GARBAGE - TRASH - JUNK horribly mismanaged company - LOSER mgmt imho
New CFO Jeff Ross started destruction - Has a mission to destroy this company? $5.75 to $1.90 under his 2 month tenure with his speaking with analysts. Sounds like he has a mission to ruin this company totally imho
Why no analyst upgrades after Velti Media launch ???? $125 mln value for company still not a BUY??? #$%$.
Street hates new idiot CFO which reflects in P O S stock price and value of company imho
Dow/S&P at all time highs but this P O S can't rise at all sitting at all time lows - GARBAGE CFO & mgmt. Self destructive stupid idiot CFO that they brought in to destroy quickly this great company imho
GOOG has dropped over $20 and MM on down trend as well since the Velti Media launch from VELT announced imho
Great start imho
GOOG had paid $750 mln or 13x revenues to acquire AdMob - VELT trades at 1/2 expected 2013 revenues. You do the math and see why this P O S sort of stock price makes VELT so undervalued imho
What we need now is a large new contract like the last $27 mln one. If Velti mgmt succeeds at securing such new customer(s) this stock can have MOTHER OF ALL SHORT SQUEEZES imho
Sure you did you P O S get lost M F imho
With Velti Media launch VELT gonna eat GOOG, FB, YHOO & MM lunch. Bite from all of them imho
$2.50+ on Monday open after tomorrow's close of good Friday - Last day/chance to buy under $2 is few moments now before market closes today imho
No other company in industry can match what Velti's reach is when it comes to mobile advertising reach imho
Velti Launches An Ad Network To Compete Against Google's AdMob And Millennial Media
Velti, one of the larger mobile ad companies, is filling a gap in its business by launching a new ad network, called Velti Media.
It will compete head-to-head for advertiser dollars with Google's AdMob and Millennial Media, the company tells us.
Velti took in $270 million in revenue in 2012, an increase of 43 percent from fiscal 2011. Of that, mobile advertising revenue was $54.3 million. The remainder came from Velti's various marketing services.
Heading up the sales side of Velti Media will be svp/sales Michael Hess, who was previously at SAY Media and Conde Nast.
Velti already has a "sell-side" platform, Mobclix, in which app developers and publishers can offer their inventory in a real-time bidding auction to advertisers who need to buy media.
Velti Media, by contrast, is a "buy side" platform, in which buyers can bid on real time on inventory being offered across an array of networks (including Mobclix). The company thus has a piece of both sides of the action, so to speak.
Velti Media's advantage is its size and depth in the business, according to Krishna Subramanian, Velti's Chief Marketing Officer. "We can bring a lot of marketing data [that other networks do not have], which is very valuable," he tells us.
The new network tightens the race for largest mobile ad business on the planet.
Google is probably No.1 in that space, with a business booking billions in revenue.
Pandora is probably No. 2, with $255.9 million in mobile ad revenues.
Velti is probably No.3, with $270 million.
Millennial Media booked $178 million in ad revenue last year, making it fourth.
Somewhere in that mix, however, is Twitter, which is privately held and does not disclose numbers.
VELT taking the lead in mobile ad market, MM falling behind as VELT gets more aggressive. Just see the press release of VELT yesterday that will go after GOOG & MM by its new most comprehensive mobile ads exchange launch Velti Media imho
GOOG should buyout VELT or else see it lose huge market share in mobile advertising market down the road imho