WebMediaBrands (WEBM)

[aquaspin]

This totally reminds me of December 2010 when WEBM took off. I really have a feeling that it could happen again next week if chatter picks up over the weekend. It only took about a week for WEBM to go from .80's to nearly $2 on similar Facebook chatter.

[Phenom3]

This seems to me to be the beginning of a good run into the $2's range for WEBM, Facebook and all the conferences coming up? $mells like $$$$$ in here!

[pe-20-4-siaf]

Now that Royce is done with their 4% dump it will bode well for webm going into the new year. Good to see some volume. Almost half a million shares so far.

[Phenom3]

Thanks Aqua, looking forward to a fantastic 2012 with WEBM!!

[aquaspin]

Yes, I have been in WEBM since 2008. WEBM is my largest position so it is making my portfolio look really good right now! The float here is really tightly held so it wouldn't surprise me if we see $2 soon just on Facebook IPO chatter alone.

Agreed...WEBM is going to have a great year! Glad that you got in early.

[Phenom3]

Agreed, I can't believe the lack of interest or knowledge of this company/stock. Now is the time to get in, if you haven't already. It's going to be an explosive Spring/Summer for WEBM and the industry as a whole. This is a gem here. Aqua, you a longtime investor here?

[aquaspin]

Welcome to the board! Yes, I think this is only the beginning for WEBM. Lots of potential here IMO. Insiders, including CEO, have been buying shares.

Any news of a profitable quarter will send this past $2 quickly IMO.

[Phenom3]

WEBM is going to have a big year in 2012! New investor here, and I see big potential. Well known business exec seems to think WEBM has the goods, he even enrolled his daughter in an online media training course through WEBM-owned MediaBistro. Fantastic news.

Oh yeah, don't forget that the coming Facebook IPO will shine some light on WEBM, as well as all the social media and apps conferences that are lined up! Good time to be in WEBM! Follow CEO on twitter, link below.


insert-text-here

[aquaspin]

WEBM running on huge volume!

[aquaspin]

WEBM will be north of $1 soon IMO. I think that management will do whatever it takes to get the price back above $1 for at least 10 days before March 22nd so that it can stay listed on the Nasdaq GS

[aquaspin]

WEBM back above .60 and climbing. Where is everyone?? Things are just getting started!

[aquaspin]

WEBM chart looking good here:

[aquaspin]

I bought 10,000 shares at .42 Per Alan Meckler's tweet today, it could possibly be that WEBM is the most undervalued smallcap around.

[aquaspin]

WebMediaBrands Inc. Secures Additional Funding and Reduces Financing Charges


WebMediaBrands Inc. (Nasdaq: WEBM) today announced that it had obtained a $1,750,000 loan from Alan Meckler, the Company’s Chief Executive Officer, and that Mr. Meckler had agreed to reduce the effective interest on an existing loan to the Company by $480,000 per year. The new and existing loans bear interest at the fixed rates of 3.1% and 3.4% per annum, respectively, and both loans will mature in 2016. No principal payments are required on either loan until July 2014. The Company also issued stock options to Mr. Meckler to purchase one million shares of common stock. The stock options were issued under the Company’s existing 2008 stock option plan.

Don O’Neill, the Company’s Chief Financial Officer, stated: “These are very favorable transactions for the Company as we were able to secure financing at a low fixed interest rate and eliminate a charge on our existing financing that would have totaled $2,160,000 if that financing remained outstanding until maturity. The new options represent only minor dilution to shareholders as the Company recently purchased 770,000 shares of its common stock under its stock repurchase program. All shareholders will benefit from the Company’s enhanced cash position and the elimination of a financing charge that will help the Company to more quickly reach profitability.”

[aquaspin]

Tweet from Alan Meckler today...I wonder what this means:

12:25 - Alan Meckler tweeted, "WebMediaBrands 3rd qtr finanical call tomorrow at 5pm eastern. # is 877-419-6600. More than just numbers."

Should be exciting!

[aquaspin]

Nice close! Shouldn't be long till we are trading north of .80

[aquaspin]

Looks like we could see close to $900,000 (if my math is correct) from the online education biz for the Q3 quarter. Meckler just tweeted that its up 232% year over year. WEBM won't be trading this low for much longer IMO

[aquaspin]

WEBM bid/ask keeps climbing this morning. Looks like we are close to another little run IMO. Hopefully WEBM will report decent Q3 numbers with a good outlook for Q4.

[aquaspin]

Tweets from Alan Meckler today...I just don't see why we should be trading this low right now. I think Meckler has a good idea about buying back shares. The company can sell them at, lets say, $1.50 and triple the amount of cash that it has. If that happens in Q1, I bet that would mean that WEBM would be profitable next quarter.

11:20 - Alan Meckler tweeted, "We will release our earnings for the third quarter after market close on Nov. 2nd, Lots of revenue growth again."
11:19 - Alan Meckler tweeted, "Our t.co/el6wZE3i just had a record week for logo sales. Seems to have reached critical mass. Exciting biz opp for WebMediaBrands."

[goosemeister]

Could go lower. Have no expectation of it, though. I worry about the market dragging down WEBM like it did last time, but I think that WEBM is poised to move higher given repurchase, upcoming quarterly, and low price. I do like the charts.

I nibbled a little this morning.

[aquaspin]

So do you think the stock will trade lower from here? It seems like now would be a good entry point. Seems like its due for a bounce after the latest selloff:

[goosemeister]

The previous repurchase was announced on 12/16. The stock opened at .77 (with a volume nearly the same as yesterday's) and spent the next week trading between .90 and 1.10. The following week the stock doubled to 1.97.

Watching closely. May re-enter.

[aquaspin]

WebMediaBrands Board Approves Stock Repurchase Plan

NEW YORK, Oct 04, 2011 (BUSINESS WIRE) -- WebMediaBrands Inc. (WEBM) today announced that its Board has approved a stock repurchase program whereby WebMediaBrands may repurchase its common stock from time to time in the open market or through privately negotiated transactions. WebMediaBrands intends to finance the repurchase of its stock with cash and purchases will not be made if they would reduce WebMediaBrands cash below $1.2 million. The purchase plan is expected to continue indefinitely and the amount of purchases will depend on cash available and other investment and business opportunities.
Alan M. Meckler, WebMediaBrands' Chairman and Chief Executive Officer, stated that, "In the opinion of WebMediaBrands' Board and management, the underlying business of WebMediaBrands is worth considerably more than is reflected in its current share price. If we are correct in our opinion, repurchases should enhance the intrinsic per-share value of WebMediaBrands shares and benefit shareholders who retain their interests."

[aquaspin]

Bought more shares at .61 this morning. I think we will get another end of year run here IMO. WEBM is trading at lows not seen since late 2009. I think Meckler will scoop up shares at these prices once he is allowed to buy again.

[aquaspin]

Bought 3500 more shares at .61 today. WEBM shouldn't be trading this low IMO.

[The Night Stalker]

its the dilution here man it never ends!

[RCH]

Wish you'd been correct regarding the 70 cent bottom
Trading down to 63 cents today on heavy (for this pos) volume
Guess people are finally getting fed up waiting for some kind of performance...

[QualityStocks]

WEBM Video Chart 8/22/11

http://www.qualitystocks.net/videocharts

WebMediaBrands Inc. is not a current client of QualityStocks

[aquaspin]

I just bought a few more thousand shares of WEBM at .75. This is oversold IMO. If it drops to the .60's then Im going to back up the truck on this one and pick up all the shares I can..

[The Night Stalker]

.70 is bottom

[The Night Stalker]

WebMediaBrands Inc. Reports Results For Its Second Quarter Ended June 30, 2011; Revenues Increase 55%
Date : 08/10/2011 @ 4:05PM
Source : Business Wire
Stock : WebMediaBrands Inc. (WEBM)
Quote : 0.9 -0.12 (-11.76%) @ 4:44PM

WebMediaBrands Inc. Reports Results For Its Second Quarter Ended June 30, 2011; Revenues Increase 55%
print
Webmethods (NASDAQ:WEBM)
Intraday Stock Chart
Today : Wednesday 10 August 2011


WebMediaBrands Inc. (Nasdaq: WEBM) today reported results for the quarter ended June 30, 2011.

Highlights for the second quarter of 2011 include:

Revenues for the second quarter of 2011 were $3.8 million compared to revenues of $2.5 million for the same period in 2010, an increase of 55%, and included $319,000 from Inside Network, which we acquired in May 2011. Revenues from online job board postings, education and advertising, excluding the impact of the Inside Network acquisition, were up 21%, 19% and 16%, respectively, compared to the same period last year. In addition, trade show revenues increased by 142% compared to the second quarter of 2010.
Net loss for the second quarter of 2011 was $1.0 million and included one-time acquisition related charges of $474,000 and stock-based compensation of $114,000, compared to net loss of $968,000 for the same period last year. Net loss, excluding interest, taxes, depreciation, amortization, stock-based compensation and one-time acquisition related charges was $62,000, compared to $769,000 for the same period last year. We track this metric and present it here because we believe it helps in the analysis of the performance of our core operations. One-time charges of $474,000 consisted of professional fees paid in connection with the acquisition of Inside Network and for contingent acquisition consideration related to the final earn-out payments made in connection with the December 2009 acquisitions of Social Times Inc. and 3rd Power LLC. Stock-based compensation expense was $114,000 during the second quarter of 2011 compared to $36,000 during the second quarter of 2010.
“Our second quarter demonstrated continued progress toward profitability with significant year-over-year and sequential quarterly revenue growth,” stated Alan M. Meckler, Chairman and CEO of WebMediaBrands, Inc. “All of our business units, including our online job board, trade show, advertising sales and education operations had positive results during the second quarter. Integration of the recently acquired Inside Network was smooth and revenues from Inside Network’s research business have continued to grow. We anticipate continued growth this year and into 2012 led by our strength in covering social media and the Semantic Web and this growth should lead to a profitable 2012 on an EBITDA basis”, added Meckler.

WebMediaBrands Inc. 2nd Quarter 2011 Financial Results Conference Call Alert

WebMediaBrands Inc. invites you to participate in its conference call reviewing 2011 second quarter results on Thursday, August 11, 2011 at 11:00 am EDT.

The conference call number is 888-211-4495 for domestic participants and 913-981-5535 for international participants; confirmation code “3455287”. Please call five minutes in advance to ensure that you are connected prior to the presentation. The conference call replay will be available until Tuesday, August 16, 2011. Replay call numbers are 888-203-1112 for domestic participants and 719-457-0820 for international participants; confirmation code “3455287”.

Acquisition

In May 2011, WebMediaBrands acquired Inside Network, Inc. for an aggregate purchase price comprised of $7.5 million in cash plus an aggregate of 4,183,130 newly issued shares of our common stock. Inside Network is the industry’s leading research and media organization dedicated to providing original market research, critical analysis, data services and news on the Facebook platform, social gaming, and mobile applications ecosystems.

Based in Palo Alto, California, Inside Network produces expert-level information for analysts, investors, and entrepreneurs.


WebMediaBrands Inc.

Unaudited Consolidated Condensed Statements of Operations

For the Three and Six Months Ended June 30, 2010 and 2011

(in thousands, except per share amounts)


Three Months Ended
June 30,

Six Months Ended
June 30,

2010 2011 2010 2011
Revenues $ 2,453 $ 3,800 $ 4,357 $ 6,046
Cost of revenues 1,400 2,123 2,698 3,571
Advertising, promotion and selling 495 633 1,024 1,065
General and administrative 1,371 1,366 3,013 2,721
Depreciation 118 81 246 165
Amortization 21 93 32 211
Contingent acquisition consideration — 329 — 329
Total operating expenses 3,405 4,625 7,013 8,062
Operating loss from continuing operations (952 ) (825 ) (2,656 ) (2,016 )
Other income (loss), net 31 1 39 (3 )
Interest income 196 5 213 40
Interest expense (203 ) (178 ) (433 ) (357 )
Loss from continuing operations before income taxes (928 ) (997 ) (2,837 ) (2,336 )
Provision for income taxes 17 10 20 20
Loss from continuing operations (945 ) (1,007 ) (2,857 ) (2,356 )
Loss on sale of discontinued operations (23 ) — (29 ) —
Net loss $ (968 ) $ (1,007 ) $ (2,886 ) $ (2,356 )
Loss per share:
Basic
Loss from continuing operations $ (0.03 ) $ (0.02 ) $ (0.08 ) $ (0.06 )
Loss from discontinued operations — — — —
Net loss $ (0.03 ) $ (0.02 ) $ (0.08 ) $ (0.06 )

Diluted
Loss from continuing operations $ (0.03 ) $ (0.02 ) $ (0.08 ) $ (0.06 )
Loss from discontinued operations — — — —
Net loss $ (0.03 ) $ (0.02 ) $ (0.08 ) $ (0.06 )

Shares used in computing loss per share:
Basic 37,493 40,463 37,340 39,277
Diluted 37,493 40,463 37,340 39,277

[The Night Stalker]

lmao step aside newbie

[pe-20-4-siaf]

Don't think so shorty. Bottom in and time to climb into earnings. Mr. Meckler's tweet from yesterday.

16:13 - Alan Meckler tweeted, "WebMediaBrands posts its 2nd Qtr financials a week from today after market. Conf. call is on Thursday at 11am eastern. Rev. growth big."

Mr. Market is going to have to assist a little tho.

[The Night Stalker]

i say webm goes under a buck, whats goin on here?

[Gliderider]

I never thought the price would get this low.We can only hope that those 4 mil.shares to INSIDE don't kill any rally on good numbers.I'm curious to know how accretive the acquisition of INSIDE was to the bottom line.

[aquaspin]

Tweet from Alan Meckler today:

Jul 13,2011

10:55 - Alan Meckler tweeted, "WebMediaBrands will report numbers the week of August 8. WEBM had a strong quarter."

[TEK_$$$tockzz]

preparin for the weekly shoe!..I GOT 5 ON IT!

[aquaspin]

Starting for finally move back up a little bit here:

[Serfcorp]

Not until those form 4 sells stop,he is killing any upward momo by dumping stock into the market..this should be 5.00 imo...

[aquaspin]

WebMediaBrands:

One stock that could benefit big off of the social networking boom we're seeing with LinkedIn is Internet media company WebMediaBrands(WEBM_), which provides content, education, trade shows and online job board services for media and business professionals. WebMediaBrands operates in a very similar space to LinkedIn. So far in 2011, this stock has traded pretty much flat, but shares rose as much as 13% yesterday on heavy volume.

WebMediaBrands has a market cap that pales in comparison with LinkedIn's, at only $61.91 million. The company just made an interesting $14 million acquisition of Inside Network, a research provider and blog network for social and mobile app developers. Clearly it sees the growth opportunities in social networking. Inside Network's properties include the blogs Inside Facebook, Inside Social Games and Inside Mobile Apps.

From a technical standpoint, watch for shares of WebMediaBrands to break out over $1.89 to $1.97 a share on big volume. If you see volume on any future breakout that tops the three-month average volume of 259,000 shares, then look to buy this stock. You could also buy now on any pullback and anticipate the breakout with a tight stop.

http://www.thestreet.com/story/11127941/2/stocks-to-play-the-social-networking-bubble.html

[aquaspin]

Wish WEBM would pull a Linkedin move. lol. That IPO is up almost 100% today.

[aquaspin]

Tweet from Alan yesterday:

Alan Meckler tweeted, "www.mediabistro.com will be adding some significant new video programming. Future is Mediabistro will be must see net TV."

Something like is exactly what Meckler needs to do to add value to the company IMO.

[pe-20-4-siaf]

Yup! trying to bust 1.59. With this V. it should have no problem.

[aquaspin]

83k in volume in the first 25 minutes of trading! Gonna be a high volume day today IMO.

[aquaspin]

Lots of buys going through right now. Looks like we are gonna bounce again.

[pe-20-4-siaf]

Holding trendline support aqua. A little help from Mr. Market and we enter the next leg up. I like the 1.40 +or- support area. (fingers crossed). Just getting into radar I think and any press with positives and maybe we try that 2 dollar mark we so much anticipate. GL.

[aquaspin]

Ugh...what is happening with our WEBM? Chart:

[aquaspin]

Anyone listen to the CC? I will have to listen to it later when the replay is available.

[aquaspin]

Nice call Goose! I'm getting ready to check out the new addition. I know that I have heard of them but don't recall visiting their site although I could be wrong. Its a pretty big addition for WEBM

[goosemeister]

The Twitter world thinks is a big deal.