logo
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

Groupon Competitior LiveDeal (LIVE) Skyrockets

  +Follow January 10, 2014 12:21PM
Share:
Tickers Mentioned:

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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


Liked What You Read? Join Equities.com and Connect With Your Favorite Financial Experts FOR FREE! Members of Equities.com gain access to our leading financial news and content, active social investment community, proprietary research tools including the 2014 Small-Cap Stars, E.V.A. reports and more.

Results for LIVE
Calm trader
21 Aug 14 07:42:49
$DGLY just remember what $live & $isu did when squeeze hard with float rotation..if went to teens
Calm trader
21 Aug 14 07:27:11
$dgly next $live or $usu kind of move ??
Calm trader
21 Aug 14 07:10:38
$DGLY let's do a $live kinda run ...shorts all in..News will send this
Companies in News
21 Aug 14 06:30:22
$LIVE: LiveDeal Inc. Launches Its Fastest, Most Responsive IOS App to Date http://t.co/7S3t2ACGLd http://t.co/BpnnOKFksw
Calm trader
21 Aug 14 06:25:25
$dgly Could see a $usu or $live kind of a move upside with this much volume 3 days
tiff
20 Aug 14 17:18:08
$live 😎👶 http://t.co/o7ZgNBUiHP
Trading Stocks Today
20 Aug 14 11:46:21
$LIVE, downtrending for the past few days. Congrats to those who shorted after that random 20%+ spike. http://t.co/DMsbVLoYyw
Business News Now
20 Aug 14 09:30:29
$LIVE: LiveDeal Inc. Adds Industry Veteran Tyler Sickmeyer to Board of Directors http://t.co/dBvL1t1dus http://t.co/tvLkQCeUDX
SuperC
20 Aug 14 08:55:04
$COBI bidders are uniting :) thanks for the link, sc http://t.co/NFIRgEXMS8 $COBI $LIVE http://t.co/HEP5jUwNPa
Trading Stocks Today
20 Aug 14 07:17:57
$LIVE, downtrended from the high 4's down to the low 4's... http://t.co/JCGK0c7dZo
Matti O
20 Aug 14 04:37:37
RT @InvestorsLive: $DGLY is like a glorified OTC stock with that PR .... almost on same level at $LIVE lol
Nathan Michaud
20 Aug 14 04:37:13
$DGLY is like a glorified OTC stock with that PR .... almost on same level at $LIVE lol
Robbie Stocks
19 Aug 14 08:08:00
$LIVE LiveDeal Inc. Adds Industry Veteran Tyler Sickmeyer to Board of Directors http://t.co/6Yn9b9QYMc
Financial Headlines
19 Aug 14 06:30:23
$LIVE: LiveDeal Surges On Strong Revenue Growth, Improving Margins http://t.co/GZ9II1aCDx http://t.co/YOW2v7ovQl
Robbie Stocks
19 Aug 14 06:06:41
$LIVE LiveDeal Inc. Adds Industry Veteran Tyler Sickmeyer to Board of Directors http://t.co/qMvD74QHdW
Ty Reamer
19 Aug 14 05:41:55
$LIVE Tyler Sickmeyer added to Board of Directors. Over 6 years of live event promotion experience coming in! http://t.co/EwhdJ7yH57
4-traders.com
19 Aug 14 05:35:07
LiveDeal : Adds Industry Veteran Tyler Sickmeyer to Board of Directors http://t.co/UDIKNb3mYL $LIVE
BV Technology
19 Aug 14 05:33:32
$LIVE LiveDeal Inc. Adds Industry Veteran Tyler Sickmeyer to Board of Directors.. http://t.co/nWv4PD25WL
[SMART MONEY]
19 Aug 14 05:27:04
Chicago & REO Speedwagon LIVE IN CONCERT https://t.co/IZNTA34f1I 4 days away, got my t $LIVE http://t.co/OZncwcntrF
BreakoutStreetPicks
18 Aug 14 19:13:34
Follow me on StockTwits @ BreakoutStreetPicks $CAMT $MSTX $MEET $CNDO $PVCT $RCON $EPRS $BLUE $REED $ARGS $BPTH $LIVE
Biz Headlines
18 Aug 14 17:30:25
$LIVE: LiveDeal Inc. Web Portal Nearly Doubles as Result of Expanded Ad Campaign http://t.co/JABNTNa5sj http://t.co/qIrCkyjNYW
Wall Street News
18 Aug 14 16:30:21
$LIVE: Wednesday's Top Gainers: Canadian Solar Inc. (CSIQ), FleetCor Technologies ... http://t.co/JylgnjVuJC http://t.co/C6I3hG4Xxq
Dukens Chery
18 Aug 14 15:47:05
I still like $OSTK, will watch tomorrow. $LITB a play tomorrow before ER (20th)? Likely. $EXTR, $ICLD, $RNA, $OSTK, $LIVE stocks to watch.
Penny Stock Freak
18 Aug 14 10:56:05
$COBI name change. Possible merger here http://t.co/TJjduOrf7K $COBI $LIVE http://t.co/6eedwz9m2g
Penny Stock Freak
18 Aug 14 10:55:37
$COBI name change and possible merger http://t.co/RyZ9nksltO $COBI $LIVE http://t.co/tU56ueEyIZ
Market Updates
18 Aug 14 08:30:24
$LIVE: LiveDeal Inc. Launches Its Fastest, Most Responsive IOS App to Date http://t.co/GsdiulwH92 http://t.co/g2puctWds7
Robbie Stocks
18 Aug 14 08:07:15
$LIVE LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/gXqTQVNsnK
Ty Reamer
18 Aug 14 08:04:50
RT @Briefingcom: $LIVE: LiveDeal initiates partnership program with National Restaurant Chains http://t.co/GzsAvtgsMr
Briefing.com
18 Aug 14 07:32:58
$LIVE: LiveDeal initiates partnership program with National Restaurant Chains http://t.co/GzsAvtgsMr
PhilCheeze
18 Aug 14 07:11:55
RT @RaginCajun: Potential Intraday Runners | http://t.co/cM1BRB8wja $TSL, $KNDI, $WPCS, $JASO, $FSLR, $NQ, $WDAY, $LIVE, $SZYM, $DRL, $UNXL…
Steph Seguin
18 Aug 14 07:10:37
RT @RaginCajun: Potential Intraday Runners | http://t.co/cM1BRB8wja $TSL, $KNDI, $WPCS, $JASO, $FSLR, $NQ, $WDAY, $LIVE, $SZYM, $DRL, $UNXL…
RC
18 Aug 14 07:07:59
Potential Intraday Runners | http://t.co/cM1BRB8wja $TSL, $KNDI, $WPCS, $JASO, $FSLR, $NQ, $WDAY, $LIVE, $SZYM, $DRL, $UNXL, $NEON, $CONN
Ty Reamer
18 Aug 14 07:06:33
$LIVE liking this chart
Detroitblues
18 Aug 14 06:57:26
$LIVE over $60M market cap on deception. Have not produced one dollar on their business plan. Smoke and mirrors ,Issac Capital banking big
Detroitblues
18 Aug 14 06:52:22
$LIVE 4.38 +.14 Nerd Boy actually trying to pump this play. Another useless pr ,but longs want u to use your imagination on National Chains
RichJr
18 Aug 14 06:48:03
now the speculation will surround just who these national restaurant chains are that $LIVE has done this deal with.. big guns
Jarrad Fiorito
18 Aug 14 06:40:30
$LIVE working off last night's watch list
Business News Now
18 Aug 14 06:30:22
$LIVE: Reviewed Quarter 2 and Consolidated F/S (F45-3) http://t.co/8inSgj96gj http://t.co/MeZBi9e7A2
Robbie Stocks
18 Aug 14 06:06:05
$LIVE LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/lwihdVV7i5
Robbie Stocks
18 Aug 14 06:06:04
$LIVE LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/qKNO0fqjIq
LIPOSOLUTIONS LLP
18 Aug 14 06:04:58
$LIVE LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/wKlQ4o8Ii5
Pzaa...Guy
18 Aug 14 05:35:00
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/86PZWGkxJ6
Pzaa...Guy
18 Aug 14 05:34:58
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/6pSxj5hBHT
VisualStock Resource
18 Aug 14 05:34:56
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/PyXYCiluGt
VisualStock Resource
18 Aug 14 05:34:55
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/e2WIvPSfM2
john smith
18 Aug 14 05:34:53
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/E9Vy55mf3W
john smith
18 Aug 14 05:34:50
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/w4rDbKzGAY
BV Technology
18 Aug 14 05:34:35
$LIVE LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains.. http://t.co/g2mGy3Kfq9
StockNews
18 Aug 14 05:34:32
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/6JAbPV3Xeb
StockNews
18 Aug 14 05:34:29
$LIVE - LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/5IUD6hv5Rk
				
				
  +Follow January 10, 2014 12:21PM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.