***Extremely Important Lebed.biz Update***
Jonathan Lebed Newsletter
First of all I am very pleased that my latest brand new speculative rating of 1, highest level of confidence stock to watch RealNetworks (RNWK) gained $0.11 yesterday to $8.14, its highest closing price since my Labor Day Weekend profile at $7.94. RNWK`s leading product RealPlayer is one of the Internet`s top 5 most popular video players. RNWK has a 45% interest in Rhapsody, which is one of the Internet`s top 5 most popular music subscription services. RNWK`s partner in Rhapsody is MTV and Rhapsody recently acquired Napster. RNWK also owns Gamehouse, one of the Internet`s most popular online gaming portals with 3.7 million monthly unique visitors.
RNWK is a leader in online videos, online music, and online games, plus it has $8.10 per share in cash and no debt! We can`t lose in RNWK at $8.14 per share. RNWK has enough cash to last for 22 years at its current burn rate. When RNWK is finished reducing operating expenses, it could potentially return to profitability and I am sure it will be a $15 to $20 stock! Synacor (SYNC) is set for a HUGE bounce today! SYNC had 8.7 million shares held by venture capital firms with less than 10% ownership become unrestricted on August 13th. Adjusted for the NASDAQ double counting share volume, SYNC needed to trade 17.4 million shares of total volume since August 13th for this resistance to be completely gone for good. SYNC traded 1.1 million shares yesterday, causing its total volume since August 13th to reach 17.4 million! I believe SYNC is getting ready to bounce back to $12-$13 at a very minimum before 3Q results next month! SYNC`s 3Q results in October should be extremely strong, especially with very low expectations priced in at this time! SYNC generates about 1/4 of their revenues from their Charter (CHTR) portal (CHTR is the 4th largest cable TV company in the U.S. and recently reached a new all time high with a market cap of $8 billion). Take a look at how CHTR`s traffic soared to record levels in July: http://siteanalytics.compete.com/charter.net/
This could mean SYNC is set to blow away current 3Q analyst expectations, because SYNC generates most of its revenues from advertising and SYNC`s ad revenues increase when its unique visitors do! SYNC`s 3Q revenue guidance of $28-$28.5 million excluded any traffic increases from the Olympics. It is very obvious that the Olympics added greatly to SYNC`s July and August traffic! Compete.com will be releasing their August traffic data this weekend and this will give us a very good idea of how strong SYNC`s 3Q results will be! SYNC could break $9 any day now and soar into the double digits. SYNC was $12.96 before its lock-up expiration sell off began on July 26th, which was 12 trading days before its lock-up expiration. There is no doubt that SYNC will return to $12-$13 very soon, in my opinion! YELP was $25.85 per share before its lock-up expiration sell off began 12 trading days before its lock-up expiration. YELP declined to a low of $17.50 after its lock-up agreement expired on August 29th. Afterwards, YELP bounced by 52% in only 5 trading days from its low of $17.50 to a high on September 6th of $26.60! I expect to see a similar 40% to 60% bounce in SYNC over the next week or two, from its current price of $7.68! SYNC is currently trading with an enterprise value of only 6.57X next year`s projected EBITDA! Most companies in this industry with no revenue growth are trading for 11X their projected 2013 EBITDA, with rapidly growing companies like SYNC trading at much higher 2013 EV/EBITDA ratios! Read about this huge TV Everywhere distribution deal signed yesterday between Time Warner and Viacom: http://www.multichannel.com/news-article/time-warner-cable-inks-tv-everywhere-deal-viacom/122832 Viacom just launched the following TV Everywhere sites: http://mtv.com/tve, http://vh1.com/tve, http://bet.com/tve, http://comedycentral.com/tve, http://spiketv.com/tve, and http://nick.com/tve.
2 of Viacom`s 3 initial TV Everywhere clients signed are also clients of SYNC: Suddenlink and Verizon Fios! Hundreds of deals like this will be signed in the months ahead and SYNC will become Wall Street`s #1 play in the whole entire market! Watch! RNWK and SYNC are the two biggest bargains on Wall Street and will both explode higher in the days ahead! I am absolutely completely totally sure that I will be right! —– I have not been compensated for SYNC but a firm that is owned by a client of mine who refers investor relations business to me owns 486,035 shares of SYNC that it intends to sell and can sell at any time. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: http://lebed.biz/disclaimer.htm Jonathan Lebed Lebed.biz Staff This message was sent to from:
Jonathan Lebed | 350 Ramapo Valley Rd | Oakland, NJ 07436
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