MeetMe, Inc. (MEET) is a social media technology company that owns and operates the MeetMe mobile applications and meetme.com. The Company is a location-based social network for meeting new people both on the Web and on mobile platforms, including on iPhone, Android, iPad and other tablets that facilitate interactions among users. The Company provides users with access to a menu of resources that promote social interaction, information sharing and other topics of interest. The Company offers online marketing capabilities, which enable marketers to display their advertisements in different formats and in different locations. The Company's social networking products include Profile, Chat and Friends. The Company's social discovery products include Feed, which is the Company's location-based stream communication feature, and Meet. The Company has approximately 4.97 million monthly active users (MAUs) and approximately 1.19 million daily active users (DAUs).
Up 11.78% today on news that MeetMe is acquiring Skout for $55M MeetMe Is Acquiring Skout For $55m The Pennsylvania-based company today announced it has entered a definitive agreement to acquire Skout for $28.5m in cash and 5.37m common shares of MeetMe. Read full article here: http://globaldatinginsights.com/2016/06/28/meetme-acquires-skout-for-55m/
I've been watching this one (but not close enough) since late April. I'm really kicking myself for ignoring that surge at the end of May. It was due to my posture of believing a pull back in the market was coming and that has caused me to hesitate on growth stocks. I'm still on this one even now but a little afraid to pull the trigger in this market right now. It does still have about a buck a share room to hit it's target in the $6.80 range and I really like the fundamentals of this stock. This is a well run company with low debt. This one requires a positive conviction on the current analysts projections of over 15% growth but only 2 analysts are covering this company. Rated strong buy with them though. It does have institutional activity with 94 institutional positions. Recent activity by institutional groups have been 31 new positions of over 2.5 million shares and 8 sold positions of 1.5 million shares so it appears to be in an accumulation stage. Next earnings is in a month, July 28th with an expectation of .05 cents a share which it could beat. At this point I'm going to try for a pull back to 5 or 5.01 and may consider a gamble on this one through earnings. I'll do half a normal position size to minimize the downside risk
Never heard of this stock before, what is this? Some sort of dating app? Are hot girls in my area waiting to meet me?
A good history of the app is here... http://www.datingsitesreviews.com/staticpages/index.php?page=meetme-reviews Summary: "MeetMe began its ascent from surprisingly humble origins. In 2005, a 15- and 16-year-old pair of siblings, Catherine and David Cook, got the idea to trade in the traditional paper yearbook for a 21st-century digital version. myYearbook was born, and would go on to hire over 100 employees, raise $17 million in funding, lay claim to over 20 million members and 1.2 billion monthly page views, and earn $20 million in revenue. Not too shabby for a site founded by high schoolers. What differentiated myYearbook from other social networking sites was that it specialized in helping users meet new people, rather than taking the Facebook approach of connecting friends who already know each other. The added perk of social flash games also gave myYearbook a popularity boost. myYearbook continued to roll out new functionality, including an instant messaging client, a real-time stream, and mobile applications, and in 2012 the site was renamed MeetMe"
I was thinking to open a MEET thread but here is already one... Zacks last week I don't stay in long enough in a stock to bother me what other think-write or even P&D many time I don't even know what they do (that is why I ride the waves LOL) but for the swing-long players IMO are worth to DD further
MeetMe Reports Record Third Quarter Financial Results http://finance.yahoo.com/news/meetme-reports-record-third-quarter-113000939.html
Is there a good entry price for this? Forward P/E of 6.5 with EPS growth next 5y estimated 20%. Perhaps the more important metric for an internet company is sales? That's only $97M a year, while current market cap is $240M. The stock has been traded since 2000, and share price used to be around $500.
Was out & see i missed $3 break - this used to be a good play & looking forward to it getting back up to old trading levels one of these days & still good entry imo >> The Meet Group Announces Selected Preliminary Fourth Quarter and Full Year 2017 Financial Results https://finance.yahoo.com/news/meet-group-announces-selected-preliminary-123000690.html
Is still trying to get into $3's & fwtiw - began swing trading this thing when it was around these levels back in 2015 so might be able to get it a bit cheaper - little gap up there that it might fill if it does retrace. Might wanna just keep on watch for now b/c still below book value & i'm hoping for 2015/16 repeat which will some good playing - assuming it is heading back to old trading levels
At face value, a nice report. EPS +0.02 vs (0.02), revenue growth +87% year-over-year, and guided up. Look for a weekly close above the 20-week average ~2.52
I hope for a longer term trend reversal on this one. I got into this at about 3.50 knowing it would be a longer term play but the downtrend got more severe than I thought it would. They diluted their shares to pay for an acquisition which also surprised me. Growth metrics still look good on this.
Can someone please give me some incite on this? $MEET Luxor Capital Group, LP has filed Form SC 13G/A with SEC. Reporting 11.65% Ownership. Says to contact a list of different attorneys if I own any stock ? ---- MEET Meet Group, Inc. Luxor Capital Group, LP 10% Owner 2020-03-09 Sell 3,126,455 6.04 18,876,786 2020-03-10 20:28:34 MEET Meet Group, Inc. Luxor Capital Group, LP 10% Owner 2020-03-06 Sell 2,264,423 6.19 14,026,273 2020-03-10 20:27:57
Can someone please give me some incite on this? $MEET Luxor Capital Group, LP has filed Form SC 13G/A with SEC. Reporting 11.65% Ownership. Says to contact a list of different attorneys if I own any stock ? ---- MEET Meet Group, Inc. Luxor Capital Group, LP 10% Owner 2020-03-09 Sell 3,126,455 6.04 18,876,786 2020-03-10 20:28:34 MEET Meet Group, Inc. Luxor Capital Group, LP 10% Owner 2020-03-06 Sell 2,264,423 6.19 14,026,273 2020-03-10 20:27:57
Can someone please give me some incite on this? $MEET Luxor Capital Group, LP has filed Form SC 13G/A with SEC. Reporting 11.65% Ownership. Says to contact a list of different attorneys if I own any stock ? ---- MEET Meet Group, Inc. Luxor Capital Group, LP 10% Owner 2020-03-09 Sell 3,126,455 6.04 18,876,786 2020-03-10 20:28:34 MEET Meet Group, Inc. Luxor Capital Group, LP 10% Owner 2020-03-06 Sell 2,264,423 6.19 14,026,273 2020-03-10 20:27:57