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Mobile Guru
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I am individual investor with over 35 years investing experience. I have traded almost everything you can over that time. I prefer investing in microcaps as there can be above average rewards along with higher risk. The areas I follow very closely are: Technology, Intellectual Property, Precious... More
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  • Augme Files Appeal In Yahoo Case 0 comments
    Dec 12, 2012 9:50 PM | about stocks: HIPPQ, YHOO

    I see on Pacer.gov that Augme has appealed the Yahoo case. If they didn't think they had a very good chance to win the appeal I doubt they would do it.

    In the next month Augme should file Q3 numbers which should put them around a $30M run rate. At a typical buy out average of 10X revenues a valuation around $300M for the mobile side seems reasonable. The IP which could be turning back to positive has zero valuation at this point.

    Disclosure: I am long AUGT.OB.

    Stocks: HIPPQ, YHOO
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