Researching and analyzing small cap companies with extra ordinary potential. SEEK : Big time media, Billion-Dollar Big! P 07/19/2013 9:30 a.m
SEEK : More Than Meets the Eye
by Mitch Zacks, Senior Portfolio Manager
Good morning! When TheDirectory.com (SEEK) chart popped up on my screen yesterday, I literally had to drop everything and roll my tongue back in.
Here is a brief business summary:
TheDirectory.com, Inc operates as a diversified local Internet search company. The company owns and operates a network of locally targeted, category specific search Internet, Inc. and changed its name to TheDirectory.com, Inc in May 2011.
Here’s a baby company with so much high-grade locally diversified networking in its ground that they don’t even count the number of businesses they are associated with.
With a BILLION dollars running around in this sector, We “conservatively” think this company will be worth almost $80 million by 2015.
That’s a big enough number to conjure with in any circumstance — unless you’re Ben Bernanke!
But now that SEEK stock has formed a base at .0017 we anticipate a parabolic move toward .01 in anticipation of the short squeeze and conference call mentioned and planned for Tuesday of next week.
Compare that reserves-to-market-cap number to the media giants like Bing or Yahoo and SEEK looks insanely underpriced to me at least.
The current number of shares sold short is nearly 400 million, and we plan on seeing at least half of those shares cover in anticipation of news and the conference call scheduled for next Tuesday.
Disclosure: I hold a long position in SEEK and plan to add at any given time. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
Market Data 
Markets 
AI
