28 May '13, 5pm

It’s Official, You Could Have Doubled Your Money This Year Buying Marchex

Share of Marchex have been on a tear of late up over 50% in the last month and over 100% in the past year and have hit a new 52 week high today of $6.30 As of publications shares of Marchex are trading at $6.30 up over 6% on the day. A month ago on April 29th, shares were trading at $4.08 a share meaning that shares of Marchex are trading more than 50% higher than just one month ago. The 52 week low for the stock is $2.99 meaning you could have doubled your money had you bought Marchex shares at the low back in June 2012, and sold it today. Marchex reported earnings on May 2, 2013 beating estimates for revenue and profits. Marchex’s market cap is back over $220 million dollars. Last time we covered the stock in June 2012 it was trading at less than the acquisition cost of Yun Ye’s portfolio with a market cap of just $106 million dollars. Times have changed and for those th...

Full article: http://www.thedomains.com/2013/05/28/its-official-you-cou...

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