Market Recap 12-12-14
The broad markets were down today with the Dow down over 300 with oil stocks leading the sell off.
Rightside (NAME) slipped below $8 again and got as low as $7.86, the low on the stock is $7.84.
Web.com (WWWW) was off 1.62% on the day.
Marchex (MCXH) which was basically unchanged on the day off .01 was picked as a top pick for 2015 by Twin Leaf Management.
Summary
- The loss of its largest customer in September has crushed MCHX shares; down nearly 70% from its July peak.
- A depressed valuation, cash-rich balance sheet, share repurchases and a 2%+ dividend yield should limit downside from here.
- Plenty of upside when management demonstrates that the business, ex-Allstate, is adding customers and is returning to growth.
The full write up is on Seeking Alpha
| Minds + Machines | down 3.33% | MMX | London | Close 7.25p |
| Marchex | down 0.25% | MCHX | Nasdaq | Close $4.02 |
| down 1.83% | GOOG | Nasdaq | Close $518.66 | |
| Web.com | down 1.62% | WWWW | Nasdaq | Close $17.65 |
| Rightside | down 1.72% | Name | Nasdaq | Close $7.98 |
| CentralNic | No trades | CNIC | London | Close 39.00p |
| Tucows | up 0.84% | TCX | Nasdaq | Close $17.92 |
| Verisign | down 0.89% | VRSN | Nasdaq | Close $56.98 |
| Neustar | down 0.39% | NSR | NYSE | Close $25.85 |
| United Internet | down 0.91% | UTDI | German XETRA | Close 36.30€ |
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