"The Next YouTube"

The subject line of the email was enticing indeed — “Bigger than Amazon or Ebay!“

So what could it be?

Well, if you sign up for the research report from Brian Hicks at Quantum Investor (and consign yourself to a life of “free trials” and endless additional spam emails, perhaps), he’ll tell you.

Or, you could just ask the Stock Gumshoe!

Here’s what the email teased us with:

The headline practically screamed: “Company’s $5.25 stock could go as high as $21 in the next twelve months — but you need to get in now!”

Other clues to entice us?

• This $122 million online video company in San Francisco owns one of the fastest growing sites on the entire Internet.
• They are “the online version of the reality shows The Bachelor, Dancing with the Stars and even American Idol.”
• They have “an exclusive deal with a former American Idol champion.”
• “The company’s stock has already doubled since November… and Brian thinks it’ll quadruple in the next 12 months.”
• “The website was the 15,000th most visited site on the Internet 5 months ago. Today it’s the 1,148th most visited site.”

And if we put that all into the Stock Gumshoe sleuthometer machine, we get your results — no free trial, no need to submit a credit card.

The company they’re teasing about here is Go Fish (GOFH.OB), a little internet video upstart.

This is a recent IPO from late last year, though they’re not on one of the big exchanges (they’re traded over the counter).

They are really aimed at YouTube, though Amazon and eBay seem a bit out of reach to me. They do really have a former American Idol winner on board (if you go to GoFish.com you’ll see the prominently featured Taylor Hicks videos). From what I can tell, they really have grown their traffic just as dramatically as claimed in the email, at least according to their Alexa rankings.

For more information, their investment information page is available at http://www.gofish.com/corp/investor.gfp

Now, whether they’ll reach YouTube’s lofty status or not, or whether they’re worthy of your investment dollars, that’s for you to decide — but at least you don’t have to sign up with anyone’s investment advisory service, or even give them your phone number, to find out what the name of the company is.

And several public analysts provide some insight into Go Fish, too, though I don’t know anything about the company — if you’re interested, you might read the reports from Ant and Sons available at SeekingAlpha.
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The author will always disclose any direct long or short equity, debt or option position in any stocks written about as of the day of publication, and will not trade in any stocks mentioned for three days (72 hours) after publication. Full disclaimer is at the bottom of the page.

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1. Oh yeah! I remember this TURKEY. I sleuth this before it hit the Gumshoeland and bought it in 2006. The company needed more capital and sold new shares well below the market price. That was the start of the unending slide perhaps because of that stupid move by the company that got investors uncomfortable. The business model is just like YouTube but unfortunately Go fish went down the tube instead. It is now bordering into a worthless stock. I SOLD IT FOR TAX DEDUCTION. The name is changed to BETAWAVE CORP (BB:BWAV)

   [Reply]

   Posted by ponce | March 28, 2009, 12:06 am