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Shares of volatile Millennial Media (MM -11.4%) have crumbled today in the absence of major...

  • Wednesday, November 14, 2012, 3:56 PM ET
    Shares of volatile Millennial Media (MM -11.4%) have crumbled today in the absence of major news. The decline comes 9 days after Millennial posted a Q3 beat and provided in-line guidance. Mobile ad peer Velti reports after the bell.
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    Shares starting to move towards fair value. This company places ads (and has incredible analytics, so they say). Worth perhaps 10x EBITDA, not 100x. Will cover in the single digits. Of course management has hyped it and sold. http://bit.ly/SN3Oin
    14 Nov 2012, 04:06 PM Reply Like
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