How come so many folks here download mixes from Datpiff, but nobody ever thinks of INVESTING in Datpiff? Datpiff is Idle Media, Inc (IDLM). Zero debt. Sweet cash flow. Massive traffic stats. And totally ignored by the suits on Wall Street. Well, so was Motown and BET. I guess I'm not surprised Wall Street could care less about some website for Hiphop downloads. But a company with similar web traffic (Zillow) has a market cap of $1 billion, and IDLM is only valued at $10 million.
I would have thought folks with deep pockets from the Hiphop business would have been all over IDLM stock, buying themselves a cheap slice of Datpiff. But I follow it pretty closely and I don't see Lil Wayne or Tyga or anyone from the business buying shares or even discussing it. I wonder why...
Wadi
I would have thought folks with deep pockets from the Hiphop business would have been all over IDLM stock, buying themselves a cheap slice of Datpiff. But I follow it pretty closely and I don't see Lil Wayne or Tyga or anyone from the business buying shares or even discussing it. I wonder why...
Wadi
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