{"id":690,"date":"2012-06-29T21:45:23","date_gmt":"2012-06-30T01:45:23","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=690"},"modified":"2012-07-02T17:55:36","modified_gmt":"2012-07-02T21:55:36","slug":"livedeal-retreats-after-soaring-live","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/livedeal-retreats-after-soaring-live-690","title":{"rendered":"LiveDeal Retreats After Soaring (LIVE)"},"content":{"rendered":"

LiveDeal (NASDAQ: LIVE) retreated 7% today, to a share price of $11.96. Despite today’s drop, the stock had surged higher each day since June 13, 2012, when the share price was $4.79. With 262,065 shares of stock exchanging hands today, LiveDeal’s volume remained well above its average of 90,132.<\/p>\n

LiveDeal has produced an attractive stock chart in 2012. The total gain in share price is just below 200% (199.8% to be exact), despite today’s loss. LiveDeal’s stock has rallied over 100% this month, and the stock traded to its year-to-date highest closing price yesterday, at $12.86 per share.<\/p>\n

LiveDeal<\/a> provides local customer acquisition services for small businesses. The company operates in two segments: Directory Services and Direct Sales – Customer Acquisition Services.<\/p>\n

LiveDeal, through its two primary wholly-owned subsidiaries, Velocity Marketing Concepts and Local Marketing Experts, provides businesses with the ability to extend their marketing reach to local customers through the Internet<\/p>\n

Effective July 2010, LiveDeal\u2019s yellow page directory service was rebranded to the InstantProfile product, and marketed under the company\u2019s subsidiary, Velocity Marketing Concepts.<\/p>\n

During the fiscal year ended September 30, 2010, the company\u2019s internet advertising product package was discontinued, and all IAP customers were moved to InstantProfile. On December 1, 2010, it ceased all new sales under the new line of business.<\/p>\n

LiveDeal\u2019s InstantProfile:<\/p>\n

LiveDeal\u2019s InstantProfile, which is part of its InstantAgency suite of products, provides online subscription tools and services to broadcast information about a business to the Internet directories, search engine results, social media networks and points-of-interest databases. This enables its customers to distribute to sites such as Google, Yahoo, Bing, Facebook and Twitter, through its distribution network.<\/p>\n

The company\u2019s InstantProfile platform includes one location that manages business contact information through the syndication network to the search engines, directories and social media networks; broadcasting messages to the social media networks; conference call solutions, and electronic faxing solutions.<\/p>\n

The company competes with Yahoo!, Google and Yellow Pages directory publishers, television, radio and print share advertising.<\/p>\n

LiveDeal may be grabbing the attention of investors due to its recent performance, but oddly, the company has barely had a press release in 2012. Here are a couple of the few headlines found involving LiveDeal:<\/p>\n