Here's Why Street Sweeper Says Shares Of Inuvo 'Should Dive'

Shares of

plunged more than 11 percent following a report by Sonya Colberg of TheStreetSweeper stating that shares should "dive" and the company's business model "elicits the same level of enthusiasm as, say, receiving a dinnertime call from a telemarketer." Inuvo is an internet marketing and technology that delivers targeted advertisements to websites and applications reaching both desktop and mobile devices. As such, Colberg noted that recent deals with

and

are "quite routine" and that virtually every company in the space has a relationship with these two search providers. Colberg continued that Inuvo has recently transitioned away from the out-dated toolbar download model and now focuses on the digital publishing business and building ads for other web publishers. "On the ad tech side, the key there is really to build new and better ad units," Inuvo's CEO Richard Howe told TheStreetSweeper in an interview. "These would be ads that you see on the website when you go visit the website. You may think they're ads that just sit there and don't do anything, but the ones that perform the best have some sort of intelligence behind them." However, Colberg noted that an analyst in the space said that "at the end of the day, these are banner ads." Howe continued in the interview that a stock offering has been "something we have contemplated up until now" given the recent rise in the stock price. The executive added that "its not like we need the money" but "it's certainly something that our board is now talking about." Finally, Colberg argued that a growth in the number of unique visitors is vital for companies like Inuvo. However, traffic measured to Inuvo's