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Why Infospace Should be on Investors’ Radar

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  • Description

    FBN’s Charles Payne on why investors should consider Infospace for their portfolios.

  • Duration 2:40
  • Date

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This transcript is automatically generated

And why would you see this next job we don't making money -- -- he's sifting through the ashes of a stock -- essentially.

Left for dead and -- good reason I'm.

Explain -- you know we always sift through the ashes and we remember stocks they used to be really hot really great well yeah Infospace is one of these stocks now today it's up like 23%.

And I know a lot of people will look at that's -- tally.

Miss the move it's like a thirteen dollar stock active well maybe not let's take a look at the chart because at one point if you go back to February 2000 and I -- you know.

It was a thirteen hundred dollar stock adjusted for splits thirteen hundred dollars grew thirteen own the company is really turning a corner and that's what I really love about -- -- it's all about management the guy running the company's name William.

The name may sound familiar his father is a legend.

He was the first administrator of the EPA.

-- the EPA fell apart the Superfund fiasco Reagan brought him back and he ran the FBI is that the Justice Department when Mitt when Nixon say.

-- -- the water Watergate prosecutor they say we can't do it it's ridiculous we rather quit this guy had so much integrity and it's not runs this company by the way.

There's some became acting CEO November 20107.

Dollars stock it's almost doubled since -- month under the backdrop -- DKG you've been.

The definitive yeah thank -- break that -- 6000.

Doing -- but -- certainly have a company that has that it's obviously surviving -- it's obviously beginning to -- you've got re not -- -- surviving -- Sound too good to know -- it didn't let -- -- on Italy and so yeah.

The -- look at this chart though.

Up what are represented a day off from a balked at thirteen fourteen dollars when this thing guys from.

Note -- cobble together you're looking for diamonds and -- this is I'm not in it but this is the stock I'm gonna put on my list to look further into because.

Obviously it's got room to the upside at least it's been higher I'd -- management I love management but -- -- was still -- about the stock when when the judge took over because at a nice little blip but I lost track I'm really upset that they didn't run dog pile web -- medal quality got incredible -- -- -- Tax act is that it can really add to revenues they just want it and I'm now as attacks are -- review these sites it is a great website and let -- website I like tax out its didn't go positive -- -- we're we're getting we're we're working that this is on my list is -- -- Willis will keep looking at a didn't pull the trigger together.

Maybe it won't be a crustacean and the bond.

Don't really -- when I went back to its 2000 high okay they don't really know about it nowadays we're not.

With a lot of levels -- contracts.

That's okay -- waited to have not -- not thank you.

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