Full Disclosure: I'm short TSCM, and this isn't my real name as I'd like to stay anonymous.
If you look at TSCM's new site, you'll see that Stockpickr seems to have almost disappeared.
Here's what I think is going on. According to Compete.com, Stockpickr's traffic has flat lined at 250k users per month, and is actually down from August. The chart is here:
If TSCM has basically folded Stockpickr into its main site and downplayed it, that shows that TSCM isn't making headway with the next-gen platform that it spent a lot of time talking up on its calls, such as this one:
1. I think TSCM will get hit hard in an ad downturn, 2. The stock has shown relative weakness, 3. TSCM seems to get most of its traffic from Yahoo Finance, which is risky in the long run 4. It's too dependent on Jim Cramer, whose stock picking record doesn't beat buying an index fund, 5. It's not having success in innovating, as Stockpickr shows.
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Full Disclosure: I'm short TSCM, and this isn't my real name as I'd like to stay anonymous.
Feb 04 02:57 am
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All Comments by Frank Li »TheStreet.com Redesign [View article]
If you look at TSCM's new site, you'll see that Stockpickr seems to have almost disappeared.
Here's what I think is going on. According to Compete.com, Stockpickr's traffic has flat lined at 250k users per month, and is actually down from August. The chart is here:
siteanalytics.compete....
If TSCM has basically folded Stockpickr into its main site and downplayed it, that shows that TSCM isn't making headway with the next-gen platform that it spent a lot of time talking up on its calls, such as this one:
seekingalpha.com/artic...
I'm short the stock because:
1. I think TSCM will get hit hard in an ad downturn,
2. The stock has shown relative weakness,
3. TSCM seems to get most of its traffic from Yahoo Finance, which is risky in the long run
4. It's too dependent on Jim Cramer, whose stock picking record doesn't beat buying an index fund,
5. It's not having success in innovating, as Stockpickr shows.