$SPYR @ .63! Nhod! Price target of $1.40 ~ Ticker
Post# of 63688
http://finance.yahoo.com/news/ticker-research...00154.html
ROCHESTER, NY / ACCESSWIRE / April 9, 2015 / Ticker Research, a stock market research firm focused on the small cap and microcap sectors, announced today that it has released a new report on SPYR, Inc.
(SPYR), a holding company that through its wholly-owned subsidiary, Franklin Networks, Inc., is engaged in digital publishing and advertising operations SPYR currently owns and operates nine websites focused on topics including: food, travel, fitness, nutrition, fashion and parenting.
To view or download the free report, please visit:
http://bit.ly/1HSwUXR
Below is an excerpt from Ticker Research's report:
"We are initiating our coverage with a Speculative Buy rating and a price target of $1.40 (12-month) due to an exceptional performance in last two quarters and positive outlook moving forward. The company has been outperforming its peers and has been building its portfolio, increasing its focus on the lucrative digital and mobile markets. Its diversified website portfolio makes the company desirable for advertisers. Its strong balance sheet provides investors some real fundamental value. The growth of the digital advertising industry as well as their entrance into the mobile app industry, gives SPYR a strong growth horizon."
"Online ad sales continue to register double-digit percentage growth year over year. In 2013, online ad sales rose 17 percent to $42.8 billion up from $26 billion in 2010 and only $9.6 billion in 2004. In the U.S., the total digital advertising spend alone will rise to more than $52 billion in 2015 and will climb to more than $61 billion by 2017. It is numbers like this that explain why the transition by SPYR into the digital publishing space makes a whole lot of sense.
Digital advertisers promote products and brands over electronic media using online sites with brand recognition and inviting content. For SPYR, this will mean monetizing its nine online brands and others it may acquire using the relationships that Franklin Networks has established with advertising partners.
Consumers will access SPYR's websites and the advertising of its partners using personal computers, laptops, smartphones and tablets, which is very appealing to advertisers. This appeal should make this new direction for SPYR a big win for its investors."
There's a couple other companies benefiting from this digital and mobile growth:
MeetMe(R) (MEET) is the leading social network for meeting new people in the US and the public market leader for social discovery (MEET). MeetMe makes it easy to discover new people to chat with on mobile devices. With approximately 80 percent of traffic coming from mobile and more than one million total daily active users, MeetMe is fast becoming the social gathering place for the mobile generation. MeetMe is a leader in mobile monetization with a diverse revenue model comprising advertising, native advertising, virtual currency, and subscription. MeetMe apps are available on iPhone, iPad, and Android in multiple languages, including English, Spanish, Portuguese, French, Italian, German, Chinese (Traditional and Simplified), Russian, Japanese, Dutch, Turkish and Korean. For more information, please visit meetmecorp.com.
Marchex (MCHX) is a mobile advertising technology company. The company provides a suite of products and services for businesses that depend on consumer phone calls to drive sales. Marchex's mobile advertising platform delivers new customer phone calls to businesses, while its technology analyzes the data in these calls to help maximize ad campaign results. Marchex disrupts traditional advertising models by giving businesses full transparency into their ad campaign performance and charging them based on new customer acquisition.
About SPYR, Inc.
SPYR, INC. is a holding company that through its wholly-owned subsidiary, Franklin Networks, Inc., is engaged in digital publishing and advertising operations and through its other wholly-owned subsidiary, E.A.J.: PHL, Airport Inc., owns and operates an "American Diner" theme restaurant located in the Philadelphia International Airport in Philadelphia, Pennsylvania called "Eat at Joe's(R)." The Company is currently exploring opportunities for additional acquisitions in these and other verticals, including mobile application and game development, in order to expand its holdings, to drive and increase revenue and to generate profits and build value for shareholders.
About Ticker Research:
Ticker Research produces sponsored research reports and articles for microcap companies.Ticker Research has been compensated for the writing and release of this report. This Ticker Research report 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 and disclaimers before investing. Ticker Research is not 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 www.tickerresearch.com.
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SOURCE: Ticker Research