Sharon:
You make a very good point.
Only from a daytrader/short-term perspective is the YHOO link important (in moving the stock back to double digits), but longer term, the fact that INDI has a half million subscribers to its publication, a very user-friendly website, etc.
Having gotten in at around 5 I see much more upward potential for this stock, although I would have enjoyed, as Im sure the rest of those long on INDI, seeing a run-up in response to MKTW. We may still see movement based on the activity of MKTW, but still to be seen.
I made a point of signing up for the mag after purchasing shares of INDI as a way of supporting my investment fron the other side.
I see more inherent value in this company than I do in a MKTW anyway, for all the reasons you mentioned. Yes, MKTW does carry with it many things, CBS and their advertiser base, mentions on the national evening news, etc., but those things notwithstanding, the content is in no way 10 times superior to that of INDI.
When MKTW lockup period expires watch for it to move down to the 30s or 40s. IMO
Kindest Regards,
DAP |
