Meet Group Inc (MEET)

[iancassel]

Quepasa Corp (QPSA): I think Quepasa.com added close to 2 million new members in September which would give them ~ 20.7 million total members. Quepasa.com is the fastest growing social network in Latin America, and the third fastest in the world. QPSA has a fully diluted market cap of $131 million / 20.7 million members = 6.37 per member valuation. Facebook is being valued at 60 per member and lesser social networks in the mid 20’s per member. There is a valuation gap and I expect that to close over the next 6 months. If QPSA continues to add 2 million members a month over the next year they will have close to 45 million members a year from now. So even if you just put our current 6.37/member x 45 million = $286 million / 25 million shares = $11.50 PPS. But there is no way we have less than a 15 per member valuation if we have that many members. This is why I think QPSA will be a $20 stock sometime next year. My average price is $3.75.

http://iancassel.com/2010/10/02/week-in-review-qpsa-intezyne-goro-gltc-glxz-bihi/