Social Media ETF on Horizon for Investors
POINT ROBERTS, Wash., Aug 02. - www.InvestorIdeas.com, a global investor research portal,
specializing in sector research including tech stocks issues an investor alert for social networking
stocks for trading August 1, 2011.
Global Funds recently filed with the SEC, plans for the Global X Social Media Index ETF. The
Underlying Index tracks the performance of the largest and most liquid companies involved in the
social media industry, including companies that provide social networking, file sharing, and other
web-based media applications.
Social Networking Stocks Trading Snapshot
Bizzingo, Inc. (OTCBB:BIZZ) surged 18.20% to $0.65 on over 29K shares. Last week, it
was announced that Bizzingo (OTCBB: BIZZ) has engaged the services of IBG, heralding an
imminent rollout of Bizzingo's one-of-a-kind 'business-meets-social' networking.
East Coast Diversified Corporation (OTCBB:ECDC) fell 0.93% to $0.02012. In June, the
announced plans to develop a portfolio of GPS related commercial and social networking mobile
applications under its new division, EarthSearchMobile, Inc. Current estimates of cell phone
users in the United States are projected at 300 million, with 5 billion total world-wide users. With
a majority of these phones already enabled with GPS tracking technology, EarthSearchMobile
will look to apply a number of commercial and consumer GPS tracking and social networking
applications for this already existing hand-held market.
Linkedin Corporation (NYSE:LNKD) gained 3% to close at $104.05. The company is scheduled
to report its quarterly earnings on August 4. Revenue is expected to rise to $104.45 million. That
compares to $93.9 million in revenue in the quarter that ended in March, a period in which it
showed a net loss of $2.1 million.
Snap Interactive Inc (OTCBB:STVI) moved 8.335 to $1.17. Snap Interactive, Inc. owns and
operates dating applications on social networking Websites, as well as an online dating Website.
In March 2009, the Company launched Are You Interested? on the iPhone.
DIGAGOGO VENTURES CORP (Public, OTC:DOGO) fell 0.80% to $0.496.
SINA Corporation (USA) (Public, NASDAQ:SINA) fell 1.31% to $106.67.
Research Social Networking stocks:
Visit the Investorideas.com Social Networking Stocks Directory preview page:
Showcase Social Networking Stock:
East Coast Diversified Corporation, EarthSearch Communications (OTCBB: ECDC)
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About EarthSearch Communications (OTCBB: ECDC)
EarthSearch Communications, an ECDC Company, is a US-based business whose flagship
product, LogiBoxx(TM), integrates GPS and RFID at the hardware level. When combined with its
proprietary Global Asset Tracking and Identification System (GATIS) middleware, LogiBoxx and
GATIS become the centerpieces of a LogiBoxx Certified Solution. An unprecedented business
decision-making tool, a LogiBoxx Certified Solution offers continuous visibility within the Supply
Chain, Logistics, and Asset Management and Control industries. Along with its integrated, patent-
pending GPS and RFID technologies, EarthSearch also offers a complete line of innovative RFID
solutions. Its expertise with GPS and RFID technologies, combined with exceptional support
and service facilities, distinguishes EarthSearch as a leading manufacturer and supplier of real-
time location solutions in the marketplace. For more information on East Coast Diversified, visit
www.eastcoastdiversified.com or www.earthsearch.us
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Disclosure: ECDC is a paid advertising company on Investorideas.com: four thousand per month
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