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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.

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.


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Results for LIVE
Business News Watch
2 Sep 14 18:30:37
$LIVE: Morning Buzz : LiveDeal, Inc. (NASDAQ:LIVE), Resonant Inc. (NASDAQ:RESN ... http://t.co/SqPTmBJaiZ http://t.co/G8cihxrWiU
PennyStock Zone
2 Sep 14 16:48:15
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Market News
2 Sep 14 09:30:23
$LIVE: Hot Watch List: Oragenics Inc. (NYSEMKT:OGEN), LiveDeal, Inc. (NASDAQ:LIVE ... http://t.co/xKFmt1ohpC http://t.co/AabwSq8Wo9
J
2 Sep 14 08:31:16
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Thinking Alpha
2 Sep 14 08:30:16
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North Fork Vue
2 Sep 14 06:26:04
Feed Yeast Market by Type $Live Yeast, Spent Yeast and Yeast Derivatives Worth $701,764.4 Million by 2019 – New ... http://t.co/NjTywCqS2J
@super_trades
2 Sep 14 03:42:04
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FootBall Writer
2 Sep 14 01:47:32
Transfer shutdown Day $LIVE: Arsenal striker search and Falcao latest plus ALL done signings http://t.co/aq1HRKMYWq
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Financial Headlines
1 Sep 14 20:30:26
$LIVE: Shining On Major News: FreeSeas Inc (NASDAQ:FREE), LiveDeal Inc (NASDAQ ... http://t.co/MXpnBfXUXI http://t.co/spdD2uOcgP
Stockaholics
1 Sep 14 19:58:22
$IWEB closed up 100% today, on more than 290 MILLION shares traded! Huge News: http://t.co/ucQcnpafDY $WRA $LIVE $RT
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1 Sep 14 12:46:03
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1 Sep 14 11:30:32
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Business News
1 Sep 14 11:30:23
$LIVE: LiveDeal Inc. Launches Its Fastest, Most Responsive IOS App to Date http://t.co/bufPIhzxeF http://t.co/CvnwDzca4V
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1 Sep 14 10:30:21
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Stocks in News
1 Sep 14 06:30:22
$LIVE: LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/hIR3znNdkB http://t.co/8GAMvVVRrv
Biz Headlines
31 Aug 14 21:30:23
$LIVE: LiveDeal Inc. Adds Industry Veteran Tyler Sickmeyer to Board of Directors http://t.co/sJMOJiCwDD http://t.co/0ALjf4I0P9
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31 Aug 14 20:45:15
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Bulls vs Bears
31 Aug 14 15:30:23
$LIVE: Why LiveDeal (LIVE) Stock Is Spiking Today http://t.co/w7yPR1sVx2 http://t.co/WPPbINY2ku
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Market News
31 Aug 14 12:30:23
$LIVE: LiveDeal Inc. Launches Its Fastest, Most Responsive IOS App to Date http://t.co/CibqyO9E8n http://t.co/vnd58sN3B2
Companies in News
31 Aug 14 06:30:23
$LIVE: LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/w0nB9Ug2AM http://t.co/r8rm0S3ENs
Russell Barbour
30 Aug 14 16:42:50
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Market Updater
30 Aug 14 14:30:25
$LIVE: Now anyone can view Our Story on Snapchat, regardless of where they are http://t.co/aLFutCqiuF http://t.co/Cwg9JGinmB
Financial Headlines
30 Aug 14 02:30:21
$LIVE: Trending Stocks: Cliffs Natural Resources (NYSE:CLF), LiveDeal (NASDAQ ... http://t.co/E16be1ib7D http://t.co/AQxw1i8Arw
Business News Watch
30 Aug 14 01:30:20
$LIVE: LiveDeal Inc. Launches Its Fastest, Most Responsive IOS App to Date http://t.co/ZustAgYSNh http://t.co/jPedoorFKS
Adam Schafer
29 Aug 14 18:40:00
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Stock Signaling
29 Aug 14 18:01:33
Movers and Shakers: $GRPN $FCEL $ECYT $SPLK $RFMD $TWTR $MNK $TKMR $PEIX $FEYE $LIVE $CIEN $AMBA $GALE $HERO http://t.co/Vtx6dLy0Nw #stocks
Robbie Stocks
29 Aug 14 14:08:43
$LIVE Now anyone can view “Our Story” on Snapchat, regardless of where they are http://t.co/YAE8QDUaEW
Robbie Stocks
29 Aug 14 14:08:43
$LIVE Now anyone can view Our Story on Snapchat, regardless of where they are http://t.co/HBD89Poybc
Market Updates
29 Aug 14 13:30:25
$LIVE: Why LiveDeal (LIVE) Stock Is Spiking Today http://t.co/Gz1XOF0Rp1 http://t.co/QMBCBtP4Xt
docking
29 Aug 14 10:24:15
$LIVE shows up now at 4.07ask
Stock News Guru
29 Aug 14 09:30:25
$LIVE: Shining On Major News: FreeSeas Inc (NASDAQ:FREE), LiveDeal Inc (NASDAQ ... http://t.co/j0scLEPQZJ http://t.co/DBfo798tUp
Business News
29 Aug 14 05:30:26
$LIVE: LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/GD77SzC6ht http://t.co/0lK1xmndR2
Companies in News
28 Aug 14 21:30:24
$LIVE: Reviewed Quarter 2 and Consolidated F/S (F45-3) http://t.co/F1TiFM8N6y http://t.co/4Lvh9qtZwf
Stock Market Monitor
28 Aug 14 19:30:28
$LIVE: Trader's Recap: Crexendo, Inc. (NYSEMKT:EXE), LiveDeal, Inc. (NASDAQ:LIVE ... http://t.co/enzFVdDVkS http://t.co/QjFMJlcGuN
Business News Watch
28 Aug 14 18:30:27
$LIVE: Management Discussion and Analysis Quarter 2 Ending 30-Jun-2014 http://t.co/QKlyeD2YM6 http://t.co/edOQ6bsijT
Stock Signaling
28 Aug 14 18:01:12
Movers and Shakers: $RFMD $TWTR $MNK $TKMR $PEIX $FEYE $LIVE $CIEN $AMBA $GALE $HERO $ARO $YGE $BAS $EXAS http://t.co/Vtx6dLy0Nw #daytrading
Daily Contracts
28 Aug 14 16:42:05
$LIVE News: Stock Purchase Agreement Among Livedeal,... http://t.co/bBcS1JaDuT #stockpurchaseagreement
Stock News Headlines
28 Aug 14 16:30:26
$LIVE: LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/GQtwRjTH6r http://t.co/gHzvb85N2D
Stockaholics
28 Aug 14 16:10:48
$VIIC ran up 720% Today in an explosive move! Our new picks are coming soon: http://t.co/EdxLh9u5Nx $WRA $LIVE $RT
Business News Now
28 Aug 14 13:30:24
$LIVE: LiveDeal Inc. Initiates Partnership Program with National Restaurant Chains http://t.co/xzkO8zT3Yb http://t.co/fhkCqUUCrN
Companies in News
28 Aug 14 12:30:24
$LIVE: LIVEDEAL INC Files SEC form 10-Q, Quarterly Report http://t.co/xHYhFoHqTN http://t.co/uDfkW6uPbk
				
				
  +Follow January 10, 2014 12:21PM
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