LOCM - Local.com - Page 9
This is one of the best daily charts I've seen in the last several weeks. Look at the onslaught of volume since LOCM began its run five weeks ago. Major bull flag primed to break up here, 7.08 is a buy trigger, with 7.25 and 7.55 as the next primary targets (previous swing highs). Just clicking buy and coming back in ten days should net anyone a good 6-10% at least.
2 days 16 hours 48 minutes ago - EarningsWhispers Earnings Guidance via Comtex
Local Corporation (NASDAQ: LOCM) said it a expects first quarter loss of approximately $0.01 per share on revenue of approximately $25.0 million. There currently are no estimates for the quarter ending March 31, 2012. The company said it expects 2012 earnings of approximately $0.05 per share on revenue of approximately $110.0 million. The current consensus estimate is a loss of $0.39 per share on revenue of $93.2 million for the year ending December 31, 2012.
Bankruptcy Filing from 6/23/15
Form 8-K for LOCAL CORP
Bankruptcy or Receivership, Triggering Events That Accelerate or Increase a Direct Fin
Item 1.03 Bankruptcy or Receivership.
On June 23, 2015, Local Corporation (the "Registrant" or the "Debtor") filed a voluntary petition in the United States Bankruptcy Court for the Central District of California (the "Bankruptcy Court") for reorganization relief ("Reorganization") under Chapter 11 of title 11 of the United States Code, U.S.C. �� 101 et seq., as amended (the "Bankruptcy Code"). A creditors' committee has not yet been appointed in this case by the United States Trustee. The Debtor will continue to operate its business and manage its properties as debtor in possession under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court.