Tracking The Maven Company
To be honest, I never heard of the Maven company until two days ago. When it was announced that Hubpages was bought for 32 million dollars by The Maven company, I started doing some research.
To be fully transparent, I also bought 5000 shares of MVEN stock on 1/8/2018.
- Jan. 2018
The Maven is a Media Company
The company seems fairly new. It shows there are only 19 employees at the moment. It is however listed in the OTC stock market under the symbol MVEN and has a per share value of $2.30 as of 1/8/2018.
Maven Alexa ranking as of 1/8/2018
Compared to HubPages Alexa...
According to Hype Stat
From the two chart about, you can see how Maven is on the rise while HubPages is on a decline projectory. The other point of interest is the Maven website. From a quick examination, it is not very sophisticated. It is also not up to standards as far as user interface design. This site is not very friendly or interactive. Compared to HubPages, it is lacking in many aspects. It would be good to know how many users are currently active on The Maven. Also, they do not have a contact or feedback section. There are much room for improvements.
As a long time hubber, I am hopeful of this change. The creation of niche sites was in line with the whole Maven concept. I see some compatibility of goals here. Perhaps, HubPages and Maven can work together and improve the overall structure to better deal with google and facebook dominance.
This article was started to track the progress of this new merger between The Maven and HubPages. From a quick overview, it appears to be a good fit. The idea of creating a niche site with its own experts or mavens is a good one. Let’s hope the idea catches on in the web community. It is not clear to me how Maven makes money at the present. If it is based strictly on ads, then how is it any different than HubPages?
I am curious going forward, how the payouts will change under this new management. Currently, it seems HubPages payout mainly based on user views of the articles. The higher the number of views, the more the payout.
I will append to this article as time marches on.
MVEN Stock Value
1/8/2018 - 2.30
1/9/2018 - 2.10
1/10/2018 - 2.17
1/11/2018 - 2.24
1/12/2018 - 2.19
1/16/2018 - 2.12
1/17/2018 - 2.11
1/18/2018 - 2.25
1/19/2018 - 2.00
1/22/2018 - 2.20
1/23/2018 - 2.49
1/24/2018 - 2.35
1/25/2018 - 2.35
1/26/2018 - 2.27
1/29/2018 - 2.37
1/30/2018 - 2.30
2/01/2018 - 2.20
2/02/2018 - 2.16
2/05/2018 - 2.10
2/07/2018 - 2.15
2/08/2018 - 2.20
2/23/2018 - 1.50 week
2/26/2018 - 1.45
3/12/2018 - 1.44
3/26/2018 - 1.33
7/24/2018 - 0.96. Just went below 1 dollar.
7/30/2018 - 0.66
The Maven Stock in the Past Three Months
Observation About MVEN Stock...
It has been about one month since I bought MVEN stock. From what I have experinced watching this company, the stock value fluctuates quite a bit percentage wise. The other thing is it is not traded too often, that is to say the volume is low. As such, it is hard to buy or sell at a given value because the buyer or seller is just too far apart. When the price close at the end of the day, it has very little correlation with what transpired during the trading session.
Just for example, on one day, I was able to place a sell order for $2.30. The stock started the day at $2.15 and closed at $2.20. During the trading day, it went up above $2.30 and my sell order was fullfilled. I made a good profit even though the stock price at the end did not reflect my gains.
The Difference Between a Comma and a Period
I noticed something strange. Looking at the MVEN fianancial statement on Yahoo, I noticed the following. A period instead of a comma. Is this a typo? It makes a huge difference if the amount is off by a factor of 1000.
For example, the total revenue is listed as 76.995.
Does this represent 76,995 dollars or 76.99 dollars?
Based on recent Capitalization of 15M, and price of 0.625 per share, it is estimated there are approx. 24M outstanding shares.
Some Related Info - A sample video on the secret to happiness
- Recent 10K Financial Statement
- MavenTV: CEOs of Maven & HubPages talk about power of coming together - Maven
Watch James Heckman and Paul Edmondson discuss why their alliance adds up for shareholders, publishers and advertisers.
- The Secret to Happiness - The Pursuit of Happiness
Are you creating value in your life or in the lives of other people? Do you know someone is earning their success in spite of dispiriting odds? Share your stories. Follow the Pursuit of Happiness and post your thoughts.
© 2018 Jack Lee