Wednesday, August 15, 2007

Stockgroup Reports 108% Revenue Increase

All I wanted from SWEB was "we are on track" and that is exactly what we got in this earnings release. Absolutely no trading volume yet which is interesting. One sticking point last quarter was advertising revenue was only up 5%, this quarter a much more reasonable 27% increase.

So, I may add a bit more down here which we are near the support of the sideways range. Conference call after the market close today..... I'll post some notes and we'll see if there is any interest in the stock after that. Hopefully they are not saving the terrible news for the CC.

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