Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This diminutive internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny mart cap of exclusive about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the broad end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the broad end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in topical search, is mostly thin volume.  The 122,000 shares compares to most 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in nous this one has a tiny market cap of only most $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high modify of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in Apr before that. -Jon Ogg

Posted 11:05 AM EST

JSE on a roll for seventh session running - Business Day

JSE on a roll for ordinal session running
Business Day
In the US, Intel's share price was up more than 7% in after-hours trading in New York. The Dow Jones and S&P 500 indices were up 2,1% last night. ...

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet see player, which specializes in local search, is mostly thin volume.  The 122,000 shares compares to most 58,000 for a full day on average.  The near-19% acquire to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market container of only most $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

CIT Faces Grim Prospects After Failed Bailout Bid - BusinessWeek

CIT Faces Grim Prospects After Failed Bailout Bid
BusinessWeek
Even on a day when trading was halted in CIT's stock, the markets rallied with most major indexes up 3%â€"and largely held those gains in after-hours trading, ...

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is air in price and in intensity this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full period on average.  The near-19% gain to $3.95 gets it fireman to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The consort raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high modify of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of prior guidance of $400,000, or $0.03 EPS.

The last time this much intensity was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

CIT Faces Grim Prospects After Failed Bailout Bid - BusinessWeek

CIT Faces Grim Prospects After Failed Bailout Bid
BusinessWeek
Even on a day when trading was halted in CIT's stock, the markets rallied with most major indexes up 3%â€"and largely held those gains in after-hours trading, ...

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This diminutive internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full period on average.  The near-19% acquire to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The consort raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its preceding guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of preceding guidance of $400,000, or $0.03 EPS.

The last time this such volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

CIT, Government Talks End Fruitless - Trading Markets (press release)

CIT, Government Talks End Fruitless
Trading Markets (press release)
CIT shares closed Wednesday's regular trading session at $1.64, up 3 cents or 1.86% and gained an additional centime in after hours trading.

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally anorectic volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in intensity this morning.  This small internet search player, which specializes in local search, is generally anorectic volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% acquire to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in nous this one has a tiny market cap of exclusive about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the broad end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the broad end of prior guidance of $400,000, or $0.03 EPS.

The last time this such intensity was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

US stock and bond futures little changed after CIT statement - Reuters

US stock and bond futures little changed after CIT statement
Reuters
NEW YORK, July 15 (Reuters) - US stock futures were little changed, as were US Treasury bond futures, in after hours trading on Wednesday after pledgee CIT ...

and more »

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally anorectic volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the crowning of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 meg and that is after today’s rally. The company upraised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The terminal time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Digital River to cut 120 jobs - MSN Money

Digital River to cut 120 jobs
MSN Money
Shares fell 85 cents, or 2.2 percent, to $37.21 in after-hours trading. The stock had closed up $2.63, or 7.4 percent, at $38.06.

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The consort raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and New in Apr before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full period on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The consort upraised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this such volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company upraised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high end of its prior guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high end of prior guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST

Volume Spike Analysis: Local.com (LOCM)

Local.com Corp. (NASDAQ: LOCM) is flying in price and in volume this morning.  This small internet search player, which specializes in local search, is generally thin volume.  The 122,000 shares compares to about 58,000 for a full day on average.  The near-19% gain to $3.95 gets it closer to the top of the $1.02 to $4.30 52-week trading range.  Keep in mind this one has a tiny market cap of only about $56 million and that is after today’s rally. The company raised guidance is going to be profitable:

• Revenue of $13.4 to $13.7 million, above the high modify of its preceding guidance of $13.2 million.
• Adjusted Net Income of $700,000 to $1,000,000, or $0.05 to $0.07 EPS, above the high modify of preceding guidance of $400,000, or $0.03 EPS.

The last time this much volume was seen was on both May 6 and May 7, and late in April before that. -Jon Ogg

Posted 11:05 AM EST