From a post on Yahoo the other day.
Motricity INC., My Thoughts 26-May-12 06:53 pm Okay, I know the old shareholders are still fuming over the stock getting killed the last year and a half. But, I really see the tide turning. REMEMBER, on Wall Street, LOOK TO THE FUTURE, NOT IN THE PAST!! Motrocity DOES care about its stock price. They are in a great space at a great time.
They were and still are in a transition, but going forwards. They brought in new leadership that has GREAT credentials. Now, who will be the new CEO, CFO?? We can keep who we have now or bring in someone with even bigger credentials.
I feel they are making progress and there is still more that needs to be done. They have made significant strides in exiting unprofitable businesses, reducing headcount and overhead, and are now starting to the lay the groundwork for a return to growth. Remember, there Carrier business provides Positive Cash Flow! Everything will not happen overnight. A couple more quarters until we really start to see the big progress. BUT, Wall Street looks FORWARDS!
The last secondary they did was accretive from a NAV standpoint and from what I am gathering, INTEND to build value over time. They have enough money to fund operations so not worried there. Big backer in Carl Ichan who will be there for them, his family on the board is a plus as well.
The stock IS being accumulated the last 2 weeks. FB could have been one of the drags on the stock price the last few weeks as well as doubt from the last Q report and the not knowing factor. I thought revenues held there own by the way, considering all Motricity went through the last year.
Lastly, I have been told the company does plan to release some news/update very soon! It was also noted in the Quarterly.
That's all for now, but I think Motricity is turning the corner folks and don't be surprised to see the stock over a $1 soon!
L8ER
News 
Market Data 
Discover 
