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Groupon Competitior LiveDeal (LIVE) Skyrockets

  +Follow January 10, 2014 12:21PM
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Excited by its nimble platform, investors have flocked to start-up LiveDeal (LIVE) in droves, causing shares to more than double since the start of the year.

Of particular attraction is LiveDeal’s ability to update instantly, as opposed to daily deals sites like Groupon (GRPN) that only update once a day. This allows restaurants the opportunity to modify, add, or eliminate deals instantly in immediate response to demand.  

Stock Market Media Group initiated coverage on LiveDeal on Jan 10, assigning the company a rating of “strong buy” while effusively praising the company, saying “it should prove to be a home run.” Stock Market Media’s report contrasted LiveDeal with rival Groupon, asserting customers would be drawn to LiveDeal because they don’t send “users… endless, irrelevant, untargeted emails” and don’t make customers pre-pay for vouchers.

For its part, Stock Market Media Group are paid consultants, so their word should be taken with a grain of salt. Nevertheless, LiveDeal is indeed soaring, and the report certainly plays into the general bullish current investor sentiment on LiveDeal.

Groupon has long been vulnerable to a more nimble competitor. In 2012 the company finally shed its founder and former CEO, the much-maligned Andrew Mason who was called “the worst CEO” by CNBC.  While that addition by subtraction did buoy Groupon, who saw shares skyrocket 120 percent in 2013, the company still languishes at half their early 2012 valuation, and suffers from increasingly mediocre projections.

LiveDeal currently only offers its services in San Diego, Los Angeles, and San Francisco, with business in all three markets greatly exceeding expectations. LiveDeal is expcted to move into other markets rapidly.

As a company, LiveDeal has an interesting history. Originating as a classifieds site in the aftermath of the tech bubble, LiveDeal skyrocketed to $400 a share in 2004 before crashing out, losing 99 percent of its value over the next five years. Yellow Pages acquired the company in 2007 for a scant $12 million.

Since languishing for years, the LiveDeal relaunch has energized investors. LiveDeal has gained 124.78 percent already on the year already to hit $9.11 a share.

Results for LIVE
Rigoberto Hackett
21 Apr 14 07:54:03
Stocks to Watch this week $WU $STT $ILMN $LIVE Goto http://t.co/3GmtC9jW6Z
Esau Braxton
21 Apr 14 07:27:01
$PENN Awesome #Stock #Research $ILMN $IHS $LIVE #investing http://t.co/HiinwUCbmS
smallcapbear
21 Apr 14 07:11:42
$LIVE under 5.
zorro
21 Apr 14 06:28:36
$NURO Neurometrix - Huge Upside Potential , Limited Downside via Seeking Alpha ..also includes $plug $live $spex http://t.co/AgPzlOiXJS
Leopoldo Sanchez
21 Apr 14 06:12:00
http://t.co/sdsat97bo8 Morning Watch List $XXII $WRES $RNA $PLUG $LIVE $FXEN $EDAP $BIOF $AVNW $ASTM
Dmitri Magnuson
21 Apr 14 06:10:01
Here are some Stocks to Watch $LPI $MAC $ARIA $LIVE View now http://t.co/f2ZRWGtV5U
Sky Grady
21 Apr 14 06:07:28
#Pennystock Research on $TGT $P $JDSU $LIVE #overvalued http://t.co/vQIAA1EEAA
Hot Christian Stocks
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/X8c8PG19lB
StockPycks.com
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/SK75102oLN
Persephone Stocks
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/PoHtGoALyp
PYCK Global SocMedia
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/YVAwjs7xT7
Nyx TrAdah
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/7uG51kmVHZ
MoneyFromABeach
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/cejRDYvru2
Milk Money
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/X548MKz4pm
Palo Stocks
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/18uzYDcRdF
Izzy Bizz
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/iWXOcm4UhK
Libbie Stocks
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/j4ENHZ8iUk
HogsNstocks
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/dPnsLZnVKd
PYCK_Consultant
21 Apr 14 05:35:21
$LIVE LiveDeal Plans to Launch Its Platform in Top 20 US Cities: http://t.co/7UGFWHhh4v
Sky Grady
21 Apr 14 05:18:54
#Stock Watchlist. Dont be left behind $ADBE $NSC $FB $LIVE Give it a try http://t.co/s4tbgeKfKT
Mind Equity
21 Apr 14 05:05:08
Here are some Stocks to Watch $FSL $HD $WAFD $LIVE Visit http://t.co/R7h9CuQqYi
Jaron Baker
21 Apr 14 05:02:06
$AVGO Great #Stock Newsletter on $ALSN $PII $LIVE #overvalued http://t.co/pjCdD1L4nO
Money Major
21 Apr 14 04:46:07
Get more info on $OXY $ADT $BCR $LIVE #newsletter http://t.co/jLelOSccso
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21 Apr 14 04:26:04
Are you thinking of selling $HST $KRC $KMX $LIVE #financial http://t.co/bYlVWHAt3C
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21 Apr 14 04:22:16
RT @ckz8780: Watchlist for tomorrow $plug $fcel $bldp $upip $mxwl $fxen $live $biof $ptx
Basil Gall
21 Apr 14 04:21:06
$FRT Get research on $XYL $CBSH $LIVE Must have http://t.co/B0T2vv4646
Cecily Humphrey
21 Apr 14 03:55:34
$GWR Bearish or Bullish on these #stocks $HCP $TMHC $LIVE #investing http://t.co/u7xt6f8QY4
Small Cap Updates
21 Apr 14 03:46:13
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Sky Grady
21 Apr 14 03:23:08
$TTC Here are some Stocks to Watch $EAT $EWBC $LIVE View now http://t.co/cMTQsrBIFz
Rob McGavern
21 Apr 14 03:05:32
$TSCO It could be breaktout time on $PPG $HON $LIVE #economy http://t.co/2enwfttUPE
Brenden Black
21 Apr 14 02:48:06
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immoderacyf
21 Apr 14 02:21:35
Considering investing in $EXPE $TWX $CBS $LIVE #personalfinance http://t.co/yMj20ZrEIg
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21 Apr 14 02:04:16
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21 Apr 14 01:55:48
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21 Apr 14 01:54:17
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Mind Equity
21 Apr 14 01:54:03
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Teo Black
21 Apr 14 01:21:37
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Jaycob Keating
21 Apr 14 00:45:41
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Marius Jackson
21 Apr 14 00:22:29
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Kamren Martinez
21 Apr 14 00:10:52
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Gold Stock News
20 Apr 14 23:54:38
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Teo Black
20 Apr 14 23:13:50
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Chris Z
20 Apr 14 23:09:49
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Brenden Black
20 Apr 14 23:08:25
$IHS #Pennystock Research on $MCO $DEI $LIVE #liquidity http://t.co/Pqot4JriSO
Marius Jackson
20 Apr 14 23:06:31
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Alexander Tran
20 Apr 14 22:31:37
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00Matt
20 Apr 14 21:10:36
Also gotta keep an eye on $LIVE $BIOF for actionable trade setups
foolsgold
20 Apr 14 21:08:28
Watching 4/21 $ACI $AMCN $CBR $CORT $COWN $CRRS $EBR $FBP $KWK $LIVE $LTS $MTL $NEON $OMEX $OXBT $SPRT $UMC $WYY $XOMA $ZNGA ..BOOM..
				
				
  +Follow January 10, 2014 12:21PM
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