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Not a chance this gets back there anytime soon
king
look at Insider B/S = -76,496
Margin calls are taking it lower but it's going back to $12-14 before close
Coming I guess
Just started following today
But watched TV ads
Where's that bounce
LifeLock, Inc. (NYSE: LOCK), an industry leader in proactive identity theft protection, today issued the following statement:
“After more than 18 months of cooperation and dialogue with the FTC, it became clear to us that we could not come to a satisfactory resolution of their issues outside a court of law. We disagree with the substance of the FTC’s contentions and are prepared to take our case to court.
“LifeLock is proud of the valuable service we provide to our members. Quite simply, our members are our highest priority, and we work hard to protect them against threats to their identity. We help our members by alerting them of potential identity threats and, if a member does become a victim of identity theft, our specialists step in. We spend up to $1 million to help in remediation and recovery.
“Importantly the FTC is not seeking any relief that would change LifeLock services and products going forward. The claims raised by the FTC are all related to the past, not to current business practices.
“LifeLock takes the accuracy of our advertising materials very seriously. The alerting claims raised by the FTC did not result in any known identity theft for LifeLock members.
“Security of our systems has always been, and will remain, of primary importance to us. Based on the evidence, we do not believe that anything the FTC is alleging has resulted in any member’s data being taken. As required by the FTC's consent order in 2010, LifeLock hired highly-credentialed, independent professionals to assess its information security. We are committed to maintaining high standards and to continual improvement, and we have spent thousands of hours and millions of dollars to achieve those standards in full compliance with the order. Every audit completed by those third parties affirmed that we were in compliance.”
Governor Tom Ridge, Former Secretary of Homeland Security, former Governor of Pennsylvania, and Member, LifeLock Board of Directors said, “My colleagues and I on the company’s board of directors know the people of LifeLock, meeting and talking with them on a regular basis. These are truly dedicated employees, committed to their work—namely, helping to protect LifeLock members from identity theft and restoring the identities of those who are victimized. Whether they’re responding to member calls or focused on developing new products and technology for LifeLock members, these are the kind of people you want on your side. As directors, we take great pride in their commitment to the communities in which they work and live. It’s part of the LifeLock culture, supporting children and victims of domestic violence, training law enforcement to help fight identity theft, and educating families on digital citizenship and online safety for their children.”
LifeLock will report its second quarter 2015 financial results on July 29, 2015.
About LifeLock
LifeLock, Inc. (NYSE:LOCK) is a leading provider of proactive identity theft protection services for consumers and consumer risk management services for enterprises. LifeLock’s threat detection, proactive identity alerts, and remediation services help provide peace of mind for consumers amid the growing threat of identity theft. Leveraging unique data, science and patented technology from ID Analytics, Inc., a wholly-owned subsidiary, LifeLock offers identity theft protection that goes significantly beyond credit monitoring. As part of its commitment to help fight identity theft, LifeLock works to train law enforcement and partners with a variety of non-profit organizations to help consumers establish positive habits to combat this threat.
Forward-Looking Statements
This press release contains a “forward-looking” statement, as that term is defined under the federal securities laws, regarding our belief that nothing the FTC is alleging has resulted in any member’s data being taken. These forward-looking statements are based on our current assumptions, expectations, and beliefs and are subject to substantial risks, uncertainties, assumptions, and changes in circumstances that may cause our actual results, performance, or achievements to differ materially from those expressed or implied in any forward-looking statement.
The risks and uncertainties referred to above include, but are not limited to, risks associated with claims the FTC may seek against us; our ability to protect our customers’ confidential information; and other “Risk Factors” set forth in our most recent SEC filings. Further information on these and other factors that could affect our financial results and the forward-looking statement in this press release is included in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2014, particularly under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Copies of these documents are available on our Investor Relations website at http://investor.lifelock.com/ or the SEC's website at www.sec.gov. We assume no obligation and do not intend to update these forward-looking statements, except as required by law
Very good points made. That's true...
I agree pretty shitty how some of this is done now a days - on a sidenote I think this company / industry is a joke and part of the identity theft problem IMO ..
Just think of the information the idiots your talking to at life lock have about you ..
Just my 2 cents
Ever notice that as soon as the cyber security firms went public all of a sudden every damn company was getting hacked
Good point. I just see this as no way legal. That's crazy.
Good luck my friend - I'm not risking getting stuck in multiple halts . F THAT LOL
But why about the original from year ago? Has to be manip..
They tweeted about the original release
How is that tweet not illegal? Looking to trade the mother of all bounces...
LMAO HALTED again 2 min of trading.. Junk this crap..
Halted....2010 violation FTC lawsuit coming IMO....................
$LOCK DD Notes ~ http://www.ddnotesmaker.com/LOCK
bullish
$LOCK recent news/filings
## source: finance.yahoo.com
Tue, 16 Dec 2014 21:44:00 GMT ~ Bargain picks: AIZ, DFRG & LOCK
read full: http://finance.yahoo.com/video/bargain-picks-aiz-dfrg-lock-214400077.html
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Tue, 09 Dec 2014 11:09:30 GMT ~ Louisiana-Pacific Corp. (LPX) in Focus: Stock Gains 8.6%
read full: http://finance.yahoo.com/news/louisiana-pacific-corp-lpx-focus-110930939.html
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Fri, 05 Dec 2014 16:00:00 GMT ~ LifeLock Ranked 65th Fastest Growing Company in North America on Deloitte’s 2014 Technology Fast 500™ in the Internet Category
[Business Wire] - LifeLock, Inc. , has been ranked number 416 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America (U.S.
read full: http://finance.yahoo.com/news/lifelock-ranked-65th-fastest-growing-160000747.html
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Mon, 01 Dec 2014 21:27:00 GMT ~ Seasonal cyber security
read full: http://finance.yahoo.com/video/seasonal-cyber-security-212700770.html
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Fri, 21 Nov 2014 22:01:18 GMT ~ LIFELOCK, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement
read full: http://biz.yahoo.com/e/141121/lock8-k.html
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$LOCK charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$LOCK company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/LOCK/company-info
Ticker: $LOCK
OTC Market Place: Not Available
CIK code: not found
Company name: LifeLock, Inc.
Incorporated In:
$LOCK share structure
## source: otcmarkets.com
Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available
$LOCK extra dd links
Company name: LifeLock, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=LOCK+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=LOCK+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=LOCK+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/LOCK/news - http://finance.yahoo.com/q/h?s=LOCK+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/LOCK/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/LOCK/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=LOCK+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/LOCK
DTCC (dtcc.com): http://search2.dtcc.com/?q=LifeLock%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=LifeLock%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=LifeLock%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/LOCK
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/LOCK/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/LOCK/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=LOCK&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=LOCK
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/LOCK/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=LOCK+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=LOCK+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=LOCK
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=LOCK
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=LOCK+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/LOCK/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=LOCK+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/LOCK.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=LOCK
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/LOCK/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/LOCK/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/LOCK
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/LOCK
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/LOCK:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=LOCK
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=LOCK
$LOCK DD Notes ~ http://www.ddnotesmaker.com/LOCK
LifeLock - Still Time To Turn A Lemon Into Lemonade
Jun. 1, 2014 5:13 AM ET | About: LifeLock, Inc. (LOCK), Includes: SPDL
Summary
•LifeLock purchased Mobile Wallet provider Lemon Wallet for $42.6M in December 2013.
•LifeLock pulled LifeLock Mobile Wallet application, shares hit yearly low.
•Spindle is one of the first AWS Cloud companies to achieve Level 1 PCI Compliance.
•Strong LifeLock balance sheet, $190M cash and no debt, is well positioned for possible additional acquisitions.
•Recent retracement in Spindle shares may lead to possible buying opportunity for both LifeLock and investors.
LifeLock, Inc. (LOCK) describes itself as a leading provider of proactive identity theft protection services for consumers and fraud and risk solutions for enterprises. LifeLock's threat detection, proactive identity alerts, and comprehensive remediation services help provide some peace of mind for consumers amid the growing threat of identity theft. The LifeLock mobile app helps consumers manage their identity and payment cards on the go and enables LifeLock members to receive alerts and services on their digital devices. Leveraging unique data, science and patented technology from ID Analytics, Inc., a wholly-owned subsidiary, LifeLock offers identity theft protection that goes significantly beyond credit monitoring.
Sounds good, but just recently a possible chink in the company's armor was disclosed when it was announced that LifeLock had pulled its wallet apps and deleted data in light of security concerns. The company's Chairman and CEO Todd Davis communicated the following statement on May 16, 2014.
“One thing I've learned in business and, for that matter, life, is the importance of authenticity and transparency.
With that in mind, I want to make you aware of an issue that we identified related to our recently acquired LifeLock Wallet application. We have determined that certain aspects of the mobile app may not be fully compliant with payment card industry (PCI) security standards.
For that reason, we are removing the LifeLock Wallet application from the App Store, Amazon Apps, and Google Play, and when users open the LifeLock Wallet, their information will be deleted in the app.”
While I completely applaud his pro-active and forthright communication with the company's customers, it does beg another question that comes to mind in light of Jon Fingas article at engadget.com. He states, "The ID protection firm has both pulled the LifeLock Wallet mobile app and deleted user data after learning that its tool (based on recent acquisition Lemon Wallet) "may not be fully compliant" with payment card security standards."
Lemon Wallet, some may recall, was purchased by LifeLock for $42.6 million in December of 2013. Lemon is a digital wallet platform which allows users to store their ID, payment, loyalty cards and more on their smartphone. Lemon first launched in 2011, and had previously raised $8 million in Series A funding the following year from Maveron, Lightspeed Venture Partners, CampVentures, Draper Fisher Jurvetson, Chamath Palihapitiya's Social+Capital Partnership and other angel investors.
For LifeLock, the deal was to allow the company to expand more deeply into the mobile space, something that was much needed. Until that point it only had an iOS app aimed at users of its subscription services, which helped them manage alerts.
"We saw an opportunity to combine an innovative mobile platform - a digital wallet - with access to leading identity theft protection features. The innovation and expertise from a mobile-first company like Lemon gives us powerful new ways to engage with current and future members," says LifeLock president Hilary Schneider. "The acquisition allows us to accelerate our product roadmap, add additional functionality and data to our platform, expand our market opportunity, better serve our members, and develop a more meaningful relationship with a broad set of consumers," she adds.
All good stuff but again "We have determined that certain aspects of the mobile app may not be fully compliant with payment card industry security standards." No small issue, PCI compliance is security 101 and it would appear to be one the company should have long known about in advance of paying $42.6 million for Lemon. Furthermore, how was Lemon not "fully" PCI Compliant when Carl Pascarella (former Pres & CEO of Visa USA) was on their Board of Advisors?
Lastly, with almost 140 alternate mobile wallets in the US market alone, I have to wonder if LifeLock essentially took a $42.6 million gamble on an illusion in the mobile payments space. The illusion is that a mobile wallet equates to a successful mobile payment strategy.
Unfortunately as most in the market have witnessed, a wallet without acceptance is just an app. Any mobile wallet strategy must address both the consumer & business sides of the mobile payments ecosystem (i,e,. Yowza!!). As it stands, LifeLock has very limited, if any, reach into the business merchant community, it's almost exclusively a consumer offering.
Drill down a level in the case of LifeLock and Lemon and it seems the wallet is an app with no acceptance and a payment card industry failure. Recently a number of companies have entered the mobile wallet and payment space each with their own unique configuration and interesting approach, for example Square, LevelUp, Google Wallet, and Starbucks. For all these reasons, one must ask, did LifeLock buy a lemon with Lemon?
Ok so it's one thing to point out a problem and another to offer a solution. What would I have done, and consider doing now, if I were running LifeLock and tasked with creating shareholder value? I believe LifeLock's investment monies would have served them better by acquiring a mobile asset that not only extends value into their existing consumer base yet also assists them with closing the business merchant gap. Simply, I would have taken a long hard look at Spindle Inc. (OTCQB:OTCQB:SPDL), a company I previously have written on and here's precisely why.
Payment processing seems like an easy game from an external perspective. Just swipe or key a card # and in nano-seconds…approved! A 5 year-old can do that. However, what most do not realize, it's a very complicated, regulated and compliance laden game with countless touch points.
This is further complicated by varying international regulations and varying payment methods that impose deeper disciplines (i.e., credit, debit, ACH, gift card, etc…), not to mention the rules vary by card brands within credit for example (Visa, MC, Discover, AMEX, JCB, CUP, etc…) as well as debit (Visa, MC, NYCE, Star, Pulse, etc…).
The very complicated world of processing payments is greatly impacted by card type, presentation, card issuer, MCC (Merchant vertical…different rules for retail vs. car rental vs. ecom merchants), government regulations (Durban), compliance, banking regulations & laws (NACHA) and a host of other influencers…get the point….it's not as easy as it looks. Thus, LifeLock's better wallet acquisition strategy would have been to focus on a target with extensive payments expertise, like Spindle.
LifeLock's strategy should be focused on how to best leverage their existing consumer base with a target that serves the merchant business community, again like Spindle/Yowza!! with "95,000" merchant locations and growing every month. That would truly extend greater value to their consumers…"protection & value" (via offers) through a LifeLock mobile app (with wallet functionality baked-in) that's capable of extending past the illusive interoperability issue with merchant's POS, websites, etc.
I'm thinking a Cloud-based discussion should be had. Note that Spindle has already become one of the first AWS Cloud companies to achieve Level 1 PCI Compliance. Clearly this would have helped LifeLock.
Also, what about Beacon technology? To my knowledge, Lemon didn't have a beacon strategy like Spindle/Yowza does.
So, LifeLock bought a wallet, pulled it and intends to re-release. Wouldn't now be the best time to acquire a company that has solved the cloud-based PCI equation and offers extensive payments expertise, a broad merchant network to leverage, mobile marketing capabilities, beacon solutions and strategic thinkers to complement and extend their Lemon investment?
What if the LifeLock wallet was capable of providing the same real-time protection on each card transaction as it does with your personal credit? Imagine an app that asks if you conducted a card transaction in real-time, as it happens and regardless of where it happens? Now you're starting to add real value to all players in the payments ecosystem (merchant, consumer, acquiring bank, issuing bank, Visa, etc.) From a fraud reduction standpoint alone, this would have every eCom merchant clamoring to get onboard.
Well there you have it, a little criticism, but not absent a solution. LifeLock and its management, along with your strong balance sheet including $190 million in cash and no debt, I've just given you a real way to possibly turn the proverbial "Lemon" into "Lemonade." Do your shareholders a favor and take a close look at Spindle.
Spindle's shares have recently pulled back from all time highs near $3 back in March, to the $1.60 area, despite a recent slew of positive partnership announcements, including iConnect, AllCom, Slim CD, and Moolah. Current price levels could soon prove to be a compelling buying opportunity, not just for a potential acquirer like LifeLock, but also for investors.
Nice! I haven't yet picked up any. Ended up throwing money elsewhere, but still want to buy a few calls shortly before the pps does move higher. Only my opinion
Agree! Bought 500 shares
I think your 100% correct, I was going to pick up a few calls but haven't been able to. I'm sure they will be back in the 20's soon. Good luck. Only my opinion.
GREAT buying OPP here IMO....
All signs showing reversal. LOCK
Economic moat! I bought 3 months back only reason I sold buy shares 3d printing ipo. I think this is a solid investment, well valued, room 10-17 percent growth a year as threats I'd theft are a major major issue! Will this double in month no... fundamentally I think this is a great long term safe investment for consistent return.
Buy and hold!
Good stuff. Cheers!
It's all good Morpheus. I watched the video and, we all trade differently, so this 10 MA pullback from a large volume breakout piqued my interest. It's something I will monitor, thanks for the info!
On another note, I really like the volume associated with the breakout to all time highs that LOCK shows on a P&F chart, even though it is a fairly new stock. Volume precedes price so I personally think this is going much higher. I got back in today @ 13.96. It may go down to the 50 MA or the upward trend line around 12.50, but I'm comfortable it's going up and not too concerned about a dip to those levels.
Those articles from the Value Investing Congress and Seeking Alpha about shorting this stock are hilarious. I look forward to riding on their buying back wave.
Anyways, take it easy.
Haaaa. Good one.
Anyway, the point of the article was not to brag about a 15% gain because that's not a huge gain or anything.
Rather, I just thought some people might benefit from understanding the technical analysis that prompted the trade entry.
I made 20% buying LOCK on a breakout.
How We Made 15% Buying LOCK On Pullback
See educational trading strategy video just uploaded:
View Video - How We Made 15% Buying LOCK On A Pullback
LOLOLOL! That's funny!
Gotta run. Time to turn off the computer due to a storm.
Have fun!
J
I noticed EPS variance but thought it might have a good
reason in a 10-K or 10-Q, which I haven't even looked for
yet. This NRA partnership must have just started. My
guess is that LOCK is paying for the privilege dearly. But
who knows, the LOCK BOD may be gun nuts and say that
part of the security package is to buy a M-15 and put NRA
stickers on your car and house doors.
The only thing I am attracted to in that IBD info is the increase in sales Q over Q. EPS is erratic at the moment. But I do like the accelerated sales.
Life Lock (LOCK) NYSE Financial SVCS-Speciality
As of 5-07-13
Year EPS Price
(dec) ($) High low
_________________________
2007 -.41
2008 -.67
2009 -.68
2010 -.18
2011 .02
2012 .13 9 6
2013 .34 est +162%
2014 .48 est +41%
Q EPS ($) % chg Sales($ Mil) % chg
Jun 11 -.04 na 47.0 +18%
Sep 11 .01 +200% 50.0 +21%
Dec 11 .09 +50% 53.0 +23%
Mar 12 .01 +133% 57.6 +31%
Jun 12 -.08 na 67.9 +44%
Sep 12 .10 +900% 72.1 +44%
Dec 12 .10 +11% 78.8 +49%
Mar 13 .01 +0% 82.1 +43%
I may buy some just for the heck of it. Do my normal - add if it drops and build it for a bit. (Then forget about it and discover it went to zero. ;) (JK)
I'll toss up a bit of fundamental meaningless stuff for ya.
Hold please ;)
I've been an NRA member for awhile and in 50 years I have
not seen them steer the membership into a purchase that
would be fraudulent. Maybe not the best value, but not a
crooked deal that could blow back on the NRA. The NRA
membership just increased to over 5 million and every
member gets a copy of one of the two NRA monthly magazine
so this could be some powerful exposure for LifeLock. I
will follow it for awhile.
LifeLock shares cheap, says Canaccord
Theflyonthewall.comTheflyonthewall.com – Thu, May 2, 2013 7:18 AM
http://finance.yahoo.com/news/lifelock-shares-cheap-says-canaccord-111844421.html
Canaccord said LifeLock had a solid report and taht the stock looks cheap given 20%+ organic growth and that shares can go to at least the low-to-mid-teens by year end. Shares are Buy rated with a $12.50 price target.
_________________________________________________________________
What's "taht" they say? ;) Low to mid teens?
I would venture to guess it's worth some DD on a long term thought pattern - but I'm a sucker for IPO's so don't trust me. ;)
Good luck, Heart!
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LifeLock, Inc. provides identity theft protection services for consumers; and identity risk assessment and fraud protection services for enterprises in the United States. It protects consumer subscribers through monitoring identity-related events, such as new account openings and credit-related applications; and enterprise customers through delivering on-demand identity risk and authentication information about consumers. The company offers LifeLock Identity Alert system, which provides its members with real-time alerts and a response system for identity threats through text message, phone call, or e-mail; and ID Score, an identity risk service that delivers on-demand assessment of the risk of an individual at account opening and throughout the customer lifecycle. As of June 30, 2012, the company served approximately 2.3 million paying members; and 250 enterprise customers, including financial institutions, telecommunication and cable services providers, government agencies, technology companies, large retailers, automobile and mortgage lenders, and e-commerce providers. LifeLock, Inc. was founded in 2005 and is headquartered in Tempe, Arizona.
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