Tuesday, September 14, 2010

Meetic decadence

MEET.PA shares
21 OCT 2007 Euros 31.43 and dropped to
17 OCT 2008 Euros 8.99 then recovered to
13 SEP 2010 Euros 23.41

Meetic and premium services as MeeticAffinity, MatchAffinity, DatingDirectAffinity, PartnerDE are in decadence since 1Q 2009, losing traffic and customers.

The IAC (InterActiveCorporation) owns 27% of shares.
Perhaps the other owners know Meetic is going to be GAME OVER soon and want to convert those shares in cash.

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