WEBM is my next Facebook play. I was writing about STVI last August any number of times and no one seemed interested...in Oct I wrote it up again and still no cigar. Well, cigars are being lit today as STVI has moved from .20 on Thurs the 24 to 1.05 this am. The raging interest was centered around a Bloomberg write up...very odd for Bloomberg to write about at .20 cent stock. BUT..I was and no reason why they can't.
This is all based on the fantastic growth of Facebook and how companies can leverage their media properties off Facebook's success. Facebook just overtook Yahoo in advertising revenues. Quite a feat and it is growing like Google did.
WEBM is a direct hit on that growth. Stock is at 1.14 right now, has been as high as 1.20 today and as high as 1.47 for the past year. There are any number of ways that WEBM leverages their media properties off facebook and here is one of the main Facebook interfaces for WEBM (below)...WEBM also has a stock buyback program underway and trendlines of rapidly growing revenues and reducing losses....and believe you me there are going to be a whole host of investors looking for the next Facebook play as STVI is now at 1.20. I believe WEBM can fit that bill. Catch up on the other PRs about WEBM and don't forget the filings....recognition should come soon once STVI stops running up---->
Mediabistro’s AllFacebook Blog Launches First Online Directory For Facebook Services businesswire
Press Release Source: WebMediaBrands Inc. On Tuesday November 16, 2010, 7:00 am EST
NEW YORK--(BUSINESS WIRE)-- 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.
WebMediaBrands Inc. is an Internet media company that provides content, education, trade shows, and online job board services to media and business professionals. The company’s online business includes mediabistro.com, a leading blog network providing content, career, and educational resources about major media markets and industry verticals including new media, TV news, advertising, public relations, publishing, design, mobile, and the semantic web.
All current WebMediaBrands press releases can be found online at www.webmediabrands.com/corporate/press.html
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.