WebMediaBrands (WEBM)

[pe-20-4-siaf]

Now there is some volume. Luv it. Limit to sell a little at 1.32 maybe.

[aquaspin]

WEBM news this morning....I'm thinking this Allfacebook site is going to be huge in coming months!

Mediabistro’s AllFacebook Blog Launches First Online Directory For Facebook Services


Mediabistro (a division of WebMediaBrands Inc., Nasdaq
: WEBM) today launched the AllFacebook Services Directory. The new service is a classified subscription that creates a marketplace for individuals or organizations to advertise Facebook-related marketing, software, and other services.

“AllFacebook attracts over 1 million unique visitors monthly and is the number one resource for daily updates and analysis for those interested in Facebook news and business developments. The AllFacebook Services Directory is an easy to use and affordable service that allows individuals and businesses to conveniently market their services to the targeted and rapidly growing AllFacebook audience,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands.

“The AllFacebook Services Directory is the first of many services that Mediabistro will be launching in the coming months for those interested in utilizing Facebook to grow and market their businesses and services," added Meckler.

To view the AllFacebook Services Directory
, go to: http://services.allfacebook.com/

[pe-20-4-siaf]

Yep-

.84 then .89 and all clear to a buck and beyond. Back in compliance.

[aquaspin]

Great day for WEBM so far! Only a matter of time before we break the 200 day MA.

[pe-20-4-siaf]

Yes. A geen day or two and we will be there. Then shoot for the golden cross, 50/200day. It looked like Alan got his 400K for .65. Than was one huge block of like 467K shares at the time.

Resistance/
.76
.79
.84
.89

Support/
.73
.69

Would like to see balance of what traded that day (100K or so) come in and buy some more and get this ball a rollin.

[aquaspin]

The 50 day MA is going to cross over the 100 day MA!

[aquaspin]

WEBM usually starts trending higher whenever Meckler buys a block of shares that big. I think we will be back above $1 in no time.

[pe-20-4-siaf]

Holy Moly! Came in and saw whats been trading and saw this went to resistance at .89 and the 200day. Then I saw this,

13:17 - Alan Meckler tweeted, "I bought 400,000 shares of WebMediaBrands today in the open market. Needless to say I am a believer in the future of the company."

Wow, looks like he cleared level 2. Now some follow thru.

[pe-20-4-siaf]

Also closed above the 100 day. Resist. at .83 although we spiked above it today.

[aquaspin]

Nice day for WEBM today! Nice break past the 50 day MA and now going after the 200 day MA:

[pe-20-4-siaf]

Thanks. I could not listen to the cc. Sounds very positive. I see the 30K and would like to see a little more V for the move up. The upper trendline break at .80 would be killer.

http://finviz.com/quote.ashx?t=webm&ty=c&ta=1&p=d

[aquaspin]

WEBM .74 chart is primed for a major breakout here! Huge 30,000 bidder at .70 WEBM to get more cash from Internet.com sale along with from the sale of the building they just sold. Company will be profitable in coming quarters per last night's CC. Company growing at a rapid pace. Growth going forward will go to the bottom line.

[aquaspin]

A few tweets from Alan today that are definitely worth reading:

Nov 02,2010

* 10:57 - Alan Meckler tweeted, "Wednesday at 5pm we have tel call presenting our 3rd qtr numbers. 877-675-4753. Solid numbers -big growth on job board and ads."
* 10:55 - Alan Meckler tweeted, "Reasonably certain we will launch new AllFacebook service by tomorrow that will be provide opps for biz to make money using Facebook."
* 10:54 - Alan Meckler tweeted, "gearing up for our election tracker being on ABC News tonight as part of Facebook election coverage. www.allfacebook.com."

[pe-20-4-siaf]

Yes, but I wonder what the original purchase price was on that property prior to the recent sale to the new owner for 1.8M. In this mkt it would be interesting to see if there was a capital gain on the transaction.

[aquaspin]

That's good that they were able to sell that building for the $1.8 million that they bought it for given how real estate has been doing lately.

[Legato]

$1.8 million purchase price from the reported 8k filed 10/15/2010

[aquaspin]

Monster Worldwide's better than expected earnings bodes very well for WEBM's Mediabistro job board and WEBM's overall Q3 revenue which will be reported this Wed:


Monster Worldwide Has Monster Quarter; Shrs Rally After Hours.
Monster Worldwide (MWW) shares spiked after hours on better-than-expected Q3 results.

For the quarter, the company posted revenue of $229 million and a non-GAAP profit of 2 cents a share, ahead of the Street at $226.5 million and a penny a share. The online jobs board said bookings in the quarter were up 26% from a year ago.

For Q4, Monster sees revenue of $258 million to $272 million, above the Street at $251.8 million. The company sees non-GAAP profits of 4-8 cents a share; the Street has been expecting 5 cents. Monster sees bookings in Q4 up 26%-32% from a year ago.

For the full year, Monster expects revenue of $919 million to $933 million, with a loss of 5-9 cents a share; the Street has been projecting $908.5 million and a loss of 9 cents.

For 2011, the company sees revenue and bookings growth in the 20%-25% range.

MWW in late trading is up $1.51, or 10.5%, to $15.90.

[aquaspin]

WEBM should not be trading below $1. It's obvious that the future looks bright as insiders have been buying so many shares lately.
WEBM will eventually be trading in the $20's again IMO.

[pe-20-4-siaf]

Thanks clay. Short term fibs also show good support at .68 and your resist. of .76 and .83 spot on. Also your right, with any volume those resist. levels could be taken out up to the 200day.

[ClayTrader]

** WEBM Video Chart 10/29/10 **

Nice looking chart doing a great job of putting in higher lows... the 50-SMA has 'flattened' out now which shows the medium term trend has gone from bearish to neutral... if higher lows keep being put into place, it's only a matter of time before the 50-SMA begins to curl upwards...

Click here to read PR mentioned in video

Link to Video - click here to watch the technical chart video

[aquaspin]

Tweet from CEO yesterday:

14:44 - Alan Meckler tweeted, "Long promised new Facebook service from www.allfacebook.com is a few days away from launch."

14:46 - Alan Meckler tweeted, "www.socialtimes.com is having spectacular unique visior growth as depth and breadth of social media coverage expands."

[aquaspin]

The job board seems to be doing really good lately. This bodes well for Q4 as the company should be profitable given all the trade show activities this quarter. WEBM should not be trading below $1.00 right now.

[aquaspin]

Lol, that is what I was wondering. Alan just got back to NYC today after being in Africa for 8 days so maybe we will get more info this week.

[pe-20-4-siaf]

Wonder where the pending press on the acquisition is hiding. Nuttin honey!

[aquaspin]

No, I don't know what the original purchase price was. We would probably have to look back at some of the previous filings to find out.

Good things happening with WEBM. Should get acquisition news on Monday. I saw a post from Stocklogos and it sounds like that part of the business is growing rapidly right now.

[pe-20-4-siaf]

Do you know the original purchase price? I am not familiar with it.

[aquaspin]

Nice...WEBM just sold their Illinois property for $1.8 million

http://biz.yahoo.com/e/101015/webm8-k.html

[aquaspin]

A couple tweets from Meckler yesterday that I like:

15:40 - Alan Meckler tweeted, "We will probably close a deal late this week perhaps early next week. Alas I will miss the announcement while on safari."

15:39 - Alan Meckler tweeted, "Leaving on a high as our www.stocklogos.com seems be a thriving business now. We will know for sure in two more months."

I think that the stock logo business could be a good buyout target someday IMO.

[aquaspin]

No, that wasn't me. I had another order in yesterday at .7 but I don't have one in today. I think I already own too many shares of this. lol.
Yeah, if Meckler could just buy even a 200k block of shares, that would probably thin this one out even more. The float is only about 17 million shares right now.

[pe-20-4-siaf]

Was that you at .7202? In at .7201.

[pe-20-4-siaf]

Cant see my shares. Hidden on L2 for now. This needs to get to a buck before de-listing. I forget the date but not far away I believe. Meckler could throw lets say 30,40 or 50K at the ask and we would see a buck in no time. I'm not sure if he can do that but a buy is a buy. Any smart buyer would not do that but in his position he has a reason plus it would sure be fun to watch! lol!!!!!!!!!!!

[aquaspin]

After what happened yesterday, I'm sure you will be able to pick some shares on the bid. Hopefully Meckler will buy another large block of shares soon to give WEBM a nice boost.

[pe-20-4-siaf]

Sold a little siaf yesterday. Low balling some shares of webm. We will see. It needs a kick in the rear.

[aquaspin]

WEBM really isn't known on Wallstreet at the moment but I think that will change as the company continues to grow and if they can post a profit for the current quarter. The stock is extremely thin so I think that remaining float would be bought up in a hurry once institutions start buying this one again.

[pe-20-4-siaf]

Holy moly thats a lot of shares. I only have about 10K now. It is such a thinly traded stock but there is something enticing about it. Have seen it move quick when it does.

[aquaspin]

I don't know why I like this one so much. lol. I've got about 188k shares now but will probably stop buying once I have 200k shares.
All it would take is for Meckler and team to create just one popular website that could eventually be a huge hit and this will be trading well into the multiple dollars per share again IMO.

[pe-20-4-siaf]

I saw that sitting there and hoped it would not go there but good for ya. I thought when the .79 was filled we might move up. Hamstrung for now myself or I would join ya for some more cheap shares.

[aquaspin]

Very weird trading today for WEBM. I was the one that bought 6800 shares at .76 I just put in a order for some more at a lower price incase they decide to drop her.

[pe-20-4-siaf]

200 to 300 shares at exactly 1 minute intervals. Really odd imo. 15 minutes now.

[pe-20-4-siaf]

200 to 300 shares at exactly 1 minute intervals. Really odd imo. 15 minutes now.

[pe-20-4-siaf]

.7904X.79

Interesting to say the least. Finish giving out the .79 shares and lets go. 300 at a time. Kinda weird.

[aquaspin]

I definitely like the potential here. It would be sweet if Meckler could create a website that could rival some of the bigger ones out there.

[pe-20-4-siaf]

Today the 4th------Alan Meckler tweeted, "Good chance we will announce another acquisition this week. This time a blog."

Real close to going up and snatching those .95 shares. Right around the 200day so should be interesting if we can get some volume.

[aquaspin]

WEBM...Its funny how a $80 trade drops the market cap by 3.3 million! lol

[pe-20-4-siaf]

I agree.

Boatload of shares at .95. For a minute I thought they might go up and snag em!

Oh well.

[aquaspin]

I think that WEBM will be known more on the street when Q4 results come out. The float is only 17.6 million shares so it wouldn't take much institutional buying to get this to $2 and beyond IMO.

[pe-20-4-siaf]

Fib resist at .91.

Blow through it maybe. VOLUME man.

[aquaspin]

.86 x .89 Yep, I think its going to be an upward climb for Q4 since Q4 should be a profitable quarter for the company. Not only that but the company continues to grow at a rapid pace and the trade shows are becoming more valuable.

[pe-20-4-siaf]

.85 X .89

Nice, not a lot of resist today.

2500 to get through .89.

[aquaspin]

WEBM .83 x .86 Would love to see a close above .83 today!