Around Tax Time 2010 SuperMedia was trading around 46 P/S and had a multi-billion dollar marketcap when it sold off 90% in 9 mo's and now is finding it's valuation equilibrium on the back of Google pursuing Groupon as valuations for the local access space are deemed undervalued. The stock has doubled from its lows and certainly looks like it can trade back to at least a normal fibanoci retrace to 20.55, and I fully expect they will be aquired for less than this ( most likely 15 -18 p/s) in 2011 by some megacap. Recent comments from the company reflect a partnership binge to help increase valuation that the company knows is way low.....
"Savvy consumers are looking for creative ways to save money without spending hours searching for relevant coupons," said Sandra Crawford Williamson, chief marketing officer of SuperMedia. "Partnering with The Dealmap enabled us to give consumers a single-stop for local deals and specials at Superpages.com."
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