BALTIMORE, February 28, 2014 /PRNewswire/ --
Goldman Small Cap Research, a stock market research firm focused on the small cap and microcap sectors, announced today that it has issued a new research update on online deal pioneer LiveDeal, Inc. (NASDAQ - LIVE). LiveDeal provides marketing solutions that boost customer awareness and merchant visibility on the Internet, primarily through its innovative deal engine.
In the Opportunity Research update, analyst Rob Goldman outlines his thesis on LiveDeal.
"Since our initiation of coverage report two weeks ago, LiveDeal has executed a series of steps that affirms our thesis and gives us even greater confidence in our short term and long term price objectives. For example, the Company is flush with cash from a $10 million funding, and will soon introduce new mobile apps enabling users to have immediate access to LiveDeal's "instant" real-time deal platform http://www.LiveDeal.com.""We view these steps are a strong complement to the Company's core business and revenue models which are preferred by restaurateurs to Groupon and other deal sites. More important, LiveDeal' Google-type search engine model drives web traffic and revenue, and carries higher profit margins than typical deal sites. It also doesn't hurt to have Howard Stern aiding in a large ad campaign around the time the Company launches its services in New York City given his long history of sponsorship successes." This press release contains excerpts of our most recently published sponsored update on LiveDeal, Inc. Goldman Small Cap Research sponsored articles, reports, and updates as well as associated disclaimers and disclosures can be accessed or downloaded in their entirety by visiting http://www.goldmanresearch.com . About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co. A Goldman Small Cap Research report, update, newsletter, or article is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other agency. To download our research, view our disclosures, or for more information, visit http://www.goldmanresearch.com. About LiveDeal, Inc. (NASDAQ - LIVE): LiveDeal Inc. provides marketing solutions that boost customer awareness and merchant visibility on the Internet. LiveDeal operates a deal engine, which is a service that connects merchants and consumers via an innovative platform that uses geo-location, enabling businesses to communicate real-time and instant offers to nearby consumers. In November 2012, LiveDeal commenced the sale of marketing tools that help local businesses manage their online presence under the Company's Velocity Local™ brand. LiveDeal continues to actively develop, revise, and evaluate these products and services and its marketing strategies and procedures. For more information, please visit http://www.LiveDeal.com. Goldman Small Cap Research Rob Goldman, Analyst +1-410-609-7100 firstname.lastname@example.org SOURCE Goldman Small Cap Research