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Local.com Corporation (LOCM) [hlAlert]

Rating:
Buy LOCM
down 84.18 %

Local.com Corporation (LOCM) upgraded to Buy with price target $10.50 by MDB Capital Group

Posted on: Wednesday,  Nov 12, 2008  11:25 AM ET by MDB Capital Group

MDB Capital Group rated Buy Local.com Corporation (NASDAQ: LOCM) on 11/12/2008, when the stock price was $1.77. Since
then, Local.com Corporation has lost 84.18% as of 06/23/2015's recent price of $0.28.
If you would have followed this MDB Capital Group's recommendation on LOCM, you would have lost 84.18% of your investment in 2414 days.

Local.com Corporation is a local search platform and private label network. The Company?s technology provides search results for approximately 19 million consumers looking for local products and services on the Internet. It provides paid-search advertising services primarily to local businesses on the Internet. The Company drives search traffic from Google, Yahoo!, MSN and other sites to its sponsored listings. On February 18, 2009, the Company purchased Website hosting accounts from LaRoss Partners, Inc. On March 9, 2009, the Company purchased subscribers from LiveDeal, Inc. Its subsidiaries include PremierGuide, Inc., Interchange Europe Holding Corporation, Interchange Internet Search GmbH, Inspire Infrastructure 2i AB, and Inspire Infrastructure (UK) Limited.

MDB Capital has strives to be the leading micro-cap research firm. Our focus is on companies between $40-$200MM in market capitalization that are not widely covered by other research firms. Our objective in following this sector is to provide our investors with idea that lead to above markets returns. MDB strives to provide insightful, independent and performance-oriented research. We strictly maintain a pure research environment, where solid research opinions are formed by our analysts' thorough evaluations, rather than influenced by investment banking relationships.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/12/2008 11:25 AM Buy
None
1.77 10.50
as of 12/24/2008
1 Week up  11.38 %
1 Month up  17.59 %
3 Months up  109.73 %
1 YTD up  75.64 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/6/2007 11:25 AM Hold
None
13.26 10.25

(*) Stock Price at the time of the recommendation.
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