TheStreet.com (TSCM) May Trade Higher
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Yesterday, during TheStreet.com (NASDAQ: TSCM), it announced record traffic to its site; over 6 million monthly unique visitors. It also announced re-designs to its Stockpickr.com and TheStreet.com websites. TheStreet has had basically the same website structure for the last 8 years. TheStreet is already benefiting from its Corsis acquisition. Corsis is helping with the redesign of the websites and revenue from the Promotions.com division was over $2 million for the past quarter, which did not include the entire quarter.
TheStreet has also recently made other acquisitions in the financial sector which should be accretive to the company. I would keep an eye on TSCM; it looks like it is executing on its vision to be a leading player in the online financial media sector.
TheStreet has also recently made other acquisitions in the financial sector which should be accretive to the company. I would keep an eye on TSCM; it looks like it is executing on its vision to be a leading player in the online financial media sector.
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