No doubt that the web financial space is heating up. Lot’s at stake in the battle for eyeballs.
Today, TheStreet.com hire a head of Mergers and Acquisitions . I like this move.
TheStreet.com is headed into more lifestyle areas and they have great reader demographics. No better time to get acquisitive than after a huge stock run. If they can make accretive acquisitions, they can build market cap. Right now, they are tied to online advertising growth and with $50 million in sales and a $330 million market cap, I expect them to get busy, fast. They need to grow into that market cap whle the getting is good.
Wallstrip would not be accretive :) but there are many companies I can think of that are.
Interesting. I remember looking at the stock in January near 8 bucks and trying to decide if Jim Cramer is an asset or a liability. Fast forward two months and all I know now is that I missed a 4 point move on an $8 stock.
At some point, WallStrip will either become a candadate for acquisition, or a practitioner of accretion.
If they knew what was good for them, they’d hire “The Fly” to head up their fucktarded blogging operations.
I’d put that “shithouse” in order.
mdawsz – they need to grow into that market cap fast
I think they can. Their are accretive deals to do.
stephen – yhanks
fly – love it – call it “red Light district’
Fly’s Red Light District aka Fuck you, read my blog.
I haven’t seen the word “accretive” used this many times since 2000