Wall Street can't seem to get enough of social networking stocks . As investors wait for Facebook, Groupon and Zynga Inc IPO's , smaller companies are entering the social networking space with new applications and innovation .
East Coast Diversified Corporation (OTCBB:ECDC), through its subsidiary EarthSearch Communications, Inc., plans to develop a portfolio of GPS related commercial and social networking mobile applications under its new division, EarthSearchMobile, Inc.
"EarthSearchMobile will integrate EarthSearch's current GPS/RFID technology into an easy to use mobile interface to enhance our current product offerings for our existing clients. Other applications to be developed will include social networking activities related to commercial information and retail business sales," said ECDC Chairman and CEO, Kayode Aladesuyi
Digagogo Ventures Corp.(OTCBB:DOGO ), a provider of information and communications technology, announced today it has completed an asset purchase agreement for the acquisition of Swebby Inc. The stock is trading up on news with significant volume. The Company is developing a digital sales and distribution network designed to connect households together and enable individuals to buy or sell items within a local community.
Bizzingo, Inc .(OTCBB: BIZZ ) and IBG.com, Inc. reported they have signed a Letter of Intent (LOI) to confirm discussions concerning a merger or some other form of business arrangement between the two companies. The combined services of both companies would include online marketing, reputation management, and a social network designed for businesses, positioning Bizzingo to help businesses connect, promote and protect their brands online. The stock was up on the news on early trading.
Social Networking Stocks Trading Snapshot (at time of release)
- BIZZINGO, INC. (OTCBB: BIZZ ) trading at $0.73, up 0.02 (2.82%)
- East Coast Diversified Corporation (OTCBB:ECDC), trading at $0.02 on over 100,000 shares in volume
- Digagogo Ventures (OTCBB:DOGO) trading at $0.54 on over 900,000 shares in volume
- FriendFinder Networks Inc.(NasdaqGM: FFN ) trading at $4.60 , up 0.03 (0.66%)
- LinkedIn (NYSE: LNKD ) trading at $97.40 on over 800,000 shares in volume
- Renren Inc. (NYSE: RENN ) trading at $10.53, on over 1 Million shares in Volume
Visit the Investorideas.com Social Networking Stocks Directory preview page:
http://www.investorideas.com/TSS/Social_Networking_Stocks.asp
Showcase Stock :
East Coast Diversified Corporation (OTCBB:ECDC)
Visit the showcase page at Investorideas.com
http://www.investorideas.com/CO/ECDC/
Sign up for the free investor news letter and get stock alerts http://www.investorideas.com/Resources/Newsletter.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Disclosure : ECDC is a paid advertising company on Investorideas.com : four thousand per month
Source - Investorideas.com
800-665-0411 - dawn@investorideas.com, cvanzant@investorideas.com
Penny stock alerts are ideal for those who want to invest their money in penny share. Moreover, Several companies also mail you a hard copy on monthly basis containing record of the top 10 stocks to you for your investments.
ReplyDeletestock alerts