1-Star Stocks Poised to Plunge: MeetMe?
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, social network platform operator MeetMe (ASE: MEET) has received the dreaded one-star ranking.
With that in mind, let's take a closer look at MeetMe and see what CAPS investors are saying about the stock right now.
New Hope, Pa. (1997)
Internet software and services
Chairman/CEO John Abbott
Trailing-12-Month Return on Equity
$5.9 million / $11.9 million
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 52% of the 155 members who have rated MeetMe believe the stock will underperform the S&P 500 going forward.
This stock is surging because of speculation that this will be the next [Facebook]. In the meantime, it is burning cash at an extremely fast rate and is not profitable. Facebook will surely be pulling market share from these guys, or will buy them. No need for two players in the unimportant "post my pictures and tell my friends what [I'm] doing online to pass time" business.
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Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
The article 1-Star Stocks Poised to Plunge: MeetMe? originally appeared on Fool.com.Fool contributor Brian Pacampara has no positions in the stocks mentioned above. The Motley Fool owns shares of Facebook and has the following options: long JAN 2014 $20.00 calls on Facebook. Motley Fool newsletter services recommend Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.