Stocks Corporation

Posted on April 11th, 2011 · Stocks

***** Corporation *****

Every so often, old Jeff Eats comes across a “stock situation” that I think might be of interest to some of you guys. Just so we are straight, you gotta do your own DUE DILIGENCE.

Over the past year or so, “discount coupon” companies have been getting tons of press. Companies like Groupon—via the internet, “offer” you merchandise etc at huge discounts. From what I’ve been reading, the public-markets are assigning gigantic and I do mean-gigantic numbers as to what these companies are worth.

If this “industry” is of interest to you, you might like to take a look at a small public company— Corporation (LOCM: Bid $3.92-Ask $3.93)…

I’m no expert here…that said, if this internet “discount coupon” industry is for-real, this little company with something like 21 million shares might be an interesting investment.

You’re on your own here.

Good luck.

7 Comments to “ Corporation”

  1. sheldon says...

    hey jeff, just read your column on locm. right now the stock is $3.67 which is $.26 lower than when you wrote about it. what happened? is it still a good on to get into?

  2. robertw says...

    I see it right now at $4.07. Its a small stock. It you cant handle ups and downs, dont buy it! If you want it dont buy all at once. Its a speculation like he says. It actually looks interesting as they do make money.

  3. robertw says...

    I think the internet disocunt thing is more than for real. In fact it makes mroe sense to use this than most print type coupons. The offers can be more controlled online. They can be turned on and off, they can be changed and using cell phones can create a different sort of use than the tear and use or print coupon. For the retailers the internet coupons can drive the traffic quicker with more information/data recovery on some of these.

  4. mr. k. says...

    jeff, thanks. bought 5,000 shares the other day at $3.59 and just sold them a few minutes ago for $4.21. this is a very thin stock so there is a ton of up and down action in it.

  5. aza says...

    stock is 5.03 good call

    • JeffEats says...


      Just had a chance to read your post.
      Right now, LOCM is currently trading at $5.34.
      Just maybe, it’s time to cash the old chips in, afterall, in two weeks it’s up $1.41 which is a huge move.
      I don’t have a crystal ball, but like I just said, that’s a huge move.

      Thanks for reading…

  6. harry says...

    too many of these companies.

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