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Why Demand Media’s stock is so erratic, triumph of the ACSOI, and why angel investors overpay for catering

By On August 11, 2011
Includes: • • • • • • • •

Demand Media’s Bizarre Price Fluctuations

After-hours on Tuesday, Demand Media’s stock spiked up 17% before settling slightly down for the day. On Wednesday morning the shares hit $10.75, but closed at $8.45, again down slightly for the day. This, after a very positive quarter. One reason is the combination of their lock-up expiring and the…

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