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June could be a fun month for this stock.
Current stock price is $3.38 and MEET group is ramping up video launch- https://www.businesswire.com/news/home/20180531005209/en/
Let’s hope for individual press release s for each future rollout!
Shorts better cover before it is too late...
Believe we could see a quick move to $5 on the horizon... June could be fun and this stock has been beat down way to long.
“We are off to a strong start to the year, with growth from live video monetization accelerating at an even faster pace than we had anticipated,” said Geoff Cook, Chief Executive Officer of The Meet Group.
* * $MEET Video Chart 05-03-18 * *
Link to Video - click here to watch the technical chart video
MEETing some resistance at the 50-day MA.
Could be poised for a nice little run if MEET breaks through.
Stock buy back. Some investors have been here since Quepasa.com! Maybe investors deserve rights to buy stock. Maybe?
* * $MEET Video Chart 04-09-18 * *
Link to Video - click here to watch the technical chart video
* * $MEET Video Chart 03-29-18 * *
Link to Video - click here to watch the technical chart video
Isn't this kind of a good thing? Isn't it good that the company can afford to take this expense now? I mean from your explanation it was a mistake buying an asset that didn't produce results like they intended, but that they take the hit now shows they have confidence that taking the hit will not hurt them too much in their current fiscal position......I'm asking if you see it that way.
Goodwill impairment $56,428,861
Goodwill impairment is an earnings charge that companies record on their income statements after they identify that there is persuasive evidence that the asset associated with the goodwill can no longer demonstrate financial results that were expected from it at the time of its purchase. Because many companies acquire other firms and pay a price that exceeds the fair value of identifiable assets and liabilities that the acquired firm possesses, the difference between the purchase price and the fair value of acquired assets is recorded as a goodwill. However, if unforeseen circumstances arise that decrease expected cash flows from acquired assets, their fair value can be lower than what was originally paid for them, and a company must book a goodwill impairment.
... $56 million... #%*!&$
* * $MEET Video Chart 03-07-18 * *
Link to Video - click here to watch the technical chart video
Earnings out this week. We need a solid quarter with an upbeat next quarter. Just bracing myself for another letdown... seems Cook and Co. can really butcher an earnings conference . If par to subpar, can’t see this going much lower. If it is a homer- we gap up over $5.00 quickly. I’ll be sitting on the launchpad come Thursday waiting to see what video conferencing and Lovoo have contributed. I’m optimistic it will be nothing less than spectacular...
MEET showed us the beef today regarding revenues and EBITDA! Up we go! $$$$
LOVOO... video gifting ... future looks bright for MEET. Wondering when mgmt will initiate a stock buyback? At these levels they need one and they have the $ to do it. Also wish the leadership in this company would actually start buying some shares. Is this asking too much?? Shareholders have been tortured this year and deserve better.
Just hoping we will look back in June of next year and wish we had bought all we could at these levels.
A little good news is what this stock needs... and management needs to start producing in 2018!
About to reverse breakout short squeeze
I don’t understand ... I haven’t really been following this stock and I just bought a small position on Friday but does anyone have an explanation for this rather large drop recently? From news I can find it seems like earnings were good and there was nothing bad that happened but the stock got downgraded. Is there something I’m just not seeing?
"Meet Group posted a healthy 88% year-over-year growth in total revenue, up to $32.2 million, with mobile revenue up 47% to $23.7 million. Adjusted net income checked in at $0.11 per share, up from the prior year's $0.10 per share."
The Meet Group Announces Closing of Lovoo Acquisition
[Business Wire]
Business WireOctober 19, 2017
The Meet Group Announces Closing of Lovoo Acquisition
The Meet Group Announces Closing of Lovoo Acquisition Multimedia Gallery URL
NEW HOPE, Pa.--(BUSINESS WIRE)--
The Meet Group, Inc. (MEET), a public market leader in the mobile meeting space, has completed its acquisition of Lovoo GmbH. The LOVOO app is the most downloaded dating app in Germany, Switzerland, and Austria combined.
MY MEET IS -->> LONG AND STRONG
YUMMMMMMM
I'M SELLING MY MEAT... I MEAN MEET AT $3.80
CUM TASTE MY MEAT CHEESE FTW
MEET
Meet has been helping FOLKS with LOADING their meat in a POLETHRA of gaps!!!
GO MEET
Let's go MEET!!! This should not be below 5$
Too bad it can hardly break and hold $6
"The Meet Group Inc has an analyst consensus of Strong Buy, with a price target consensus of $9.31."
This stock is so predictable, always crashes after earnings....
Held through ER, from 5.48, this is just stupid, good quarter, good guidance, may decide to switch the "trade" to an investment
Patience is the key to making money been in meet me for a long time finally seeing some good green. JMO
Question:
Fidelity, ihub and yahoo report 80 cents EPS. Yet fidelity breaks it down by quarter: .07, .09, .10 , .19 which equals 45 cents. Where is the discrepancy?
By the way Fidelity reports the consensus estimate for q1, 2017 is 7 cents.
Congratulation for Meet me to ring the bell on May 3rd.
Do they pay money for that?
$Meet is looking great, picking up STEAM!!!
PE LESS THAN 7! Ridiculous! Should be 4x that!
$20 stock in the near future.
Canaccord Genuity set a "buy" rating and a $10 price target
https://www.thestreet.com/story/14051905/1/meetme-stock-climbing-on-canaccord-rating.html?puc=yahoo&cm_ven=YAHOO
Target price $9.00 within one year. See NASDAQ.com.
You can't beat the MEET with a PE of 6.6!
I think between 3.50 and 4.50 ...load the boat!
Great post. Thanks
Total Revenue for 2016 Increased 34% Year Over Year
Mobile Revenue for 2016 Increased 56% Year Over Year
GAAP Net Income for 2016 (excluding one-time deferred tax benefit) Increased 204% Year Over Year
Adjusted EBITDA for 2016 Increased 45% Year Over Year
Full Year Adjusted EBITDA Margin Increased to 39%
Fourth Quarter 2016 Financial Highlights
Total revenue was $29.2 million, up 47% year over year.
Mobile revenue was $27.8 million, up 62% year over year.
GAAP net income was $9.9 million, or $0.15 per diluted share, up 63% year over year.
Non-GAAP net income was $12.4 million, or $0.19 per diluted share, up 56% year over year.
Adjusted EBITDA was $12.8 million, or a 44% margin, up 42% year over year. (See the important discussion about the presentation of non-GAAP financial measures, and reconciliation to the most direct comparable GAAP financial measure, below.)
Cash and Cash Equivalents totaled $21.9 million at December 31, 2016.
Insanely undervalued growth stock. Should be an easy double from here.
Has anyone on here actually tried the app? I have and I can tell you from my experience that it's riddle with nothing but fake profiles. The interface isn't bad but there's nothing but fake profiles rendering the app useless. Beware!
MeetMe Announces Closing of Skout Acquisition and Preliminary Revenue Results.
http://finance.yahoo.com/news/meetme-announces-closing-skout-acquisition-130000717.html
MeetMe Announces Closing of Skout Acquisition and Preliminary Revenue Results.
http://www.businesswire.com/news
MeetMe Named a Top Millennial App by comScore Mobile App Report
[Business Wire]
September 16, 2016
NEW HOPE, Pa.--(BUSINESS WIRE)--
MeetMe, Inc. (MEET), a public market leader for social discovery, has been named a top millennial app by comScore Inc.’s 2016 U.S. Mobile App Report. MeetMe ranked number six out of the top 20 apps with the highest concentration of users falling between the ages of 18-34. The ranking was based on apps with greater than 1.5 million monthly active users within that age group.
“We are excited to again be ranked as one of the top mobile apps for millennials,” said Bill Alena, Chief Revenue Officer of MeetMe. “We believe this high ranking reflects our ability to help our advertisers reach this highly coveted demographic.”
About MeetMe, Inc.
MeetMe® is a leading social network for meeting new people in the US and a public market leader for social discovery (MEET). MeetMe makes it easy to discover new people to chat with on mobile devices. With approximately 90 percent of traffic coming from mobile and more than one million total daily active users, MeetMe is fast becoming the social gathering place for the mobile generation. MeetMe is a leader in mobile monetization with a diverse revenue model comprising advertising, native advertising, virtual currency, and subscription. MeetMe apps are available on iPhone, iPad, and Android in multiple languages, including English, Spanish, Portuguese, French, Italian, German, Chinese (Traditional and Simplified), Russian, Japanese, Dutch, Turkish and Korean. For more information, please visit meetmecorp.com.
Forward-Looking Statements
Certain statements in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including whether our comScore ranking reflects our ability to help our advertisers reach millennial users between the ages of 18-34. All statements other than statements of historical facts contained herein are forward-looking statements. The words “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “project,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include the risk that our applications will not function easily or otherwise as anticipated, the risk that we will not launch additional features and upgrades as anticipated, the risk that unanticipated events affect the functionality of our applications with popular mobile operating systems, any changes in such operating systems that degrade our mobile applications’ functionality and other unexpected issues which could adversely affect usage on mobile devices. Further information on our risk factors is contained in our filings with the Securities and Exchange Commission (“SEC”), including the Form 10-K for the year ended December 31, 2015 and the Form 10-Q for the quarter ended June 30, 2016. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
$MEET getting ready to run again. Charts reset and ready to roll. Will be over $6 heading to new highs very shortly. BOOM!
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