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LOCM - Local.com - Page 9

post #161 of 171
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post #162 of 171
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post #163 of 171
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.
post #164 of 171
Quote:
Originally Posted by rando View Post
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.
Well glad I missed out there. But at $4.25 today, I think it may be a steal. It looks like there was some share dilution with the offering price at $4.25, so I think that should represent a stable bottom.
post #165 of 171
Just broke $5 -- could be primed for another good run here.
post #166 of 171

Ah yes, another case where I should have taken my own advice.  I could have bought in at low 3s when I was actively watching this one, but I opted to pass.  Serves me right I suppose.

post #167 of 171

Looks like it should recover from $5 back to $5.20+ in the morning.

post #168 of 171
Local.com Corporation operates a local search Website, Local.com, with over 15 million monthly visitors, a private label local syndication network of approximately 750 United States regional media sites, a local distribution network for its advertising feeds, and a sales and advertiser services operation for approximately 50,000 direct monthly subscribers. By providing its users and those of network partners with robust, current, local information about businesses and other offerings in their local area, the Company has created an audience of users that its direct advertisers and advertising partners desire to reach. Sales of advertising on Local.com and its local syndication network (LSN) accounted for 91% of the Company's total revenues for the year ended December 31, 2009. The Company operates in three business segments: Owned and Operated (O&O), Network, and Sales and Ad Services (SAS). In January 2011, the Company created a new Social Buying business unit...


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post #169 of 171
Local Sees 2012 Above Estimates
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.
post #170 of 171
like clockwork....off support a couple times and now back off resist...


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post #171 of 171
not for me yet...strong open but weak since


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