MeetMe, Inc. is a social media technology company that owns and operates
the MeetMe mobile applications and meetme.com. The Company is a location-based
social network for meeting new people both on the Web and on mobile platforms,
including on iPhone, Android, iPad and other tablets that facilitate
interactions among users. The Company provides users with access to a menu of
resources that promote social interaction, information sharing and other topics
of interest. The Company offers online marketing capabilities, which enable
marketers to display their advertisements in different formats and in different
locations. (google finance)
The stock price is in an accelerating bullish movement well above the
200 day moving average. The price plunged after some director’s offloaded
shares in august. This may indicate that the Q3 earnings report will not be as positive
as the Q2:
However if the Q3 report is surprisingly positive I am looking forward on
buying at 8,20$. 4 analysts have rated the stock as a “buy” and none as “sell”
or “underperform”.
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