well now it's valued at $18.6million. No surprise as Paulson is a perma bull, he bought his position before the Zillow's warning and revised EBITDA guidance. Anybody who buys 200,000 shares of a company with a P/S of over 10 (12 here) that isn't buying to cover a short position is a moron or a gambler -- OR -- is chasing returns (Alpha) using a beaten down bubble stock like Z, hoping for a hard bounce. I think he's made a huge mistake.
John Paulson is betting on Zillow and picked up a stake in the online real estate company during the first quarter of the year. As of March 31, he owns 200,000 shares -- a position valued at $20.1 million.
haha, thanks tp... smoe wouldn't know a broken chart if it hopped up into his lap and wiggled. The fundamentals here have already deteriorated to the point where Zillow brass was FORCED to warn, and warn they did. There is a shortage of listings in most housing markets now, so I don't see how that can help Zillow's bottom line anytime soon. It's a seller's market this spring/summer, many folks are still underwater on their home purchases 7-8 years ago but can still afford their mortgage, so they are staying put. It's not like Zillow has reinvented the housing market anyway... GL
Another agonizing 3 day weekend......staring at the ceiling wondering when Z is gong to drop into the $80's.......I am sure that Schmoe loved the 80's with his purple spiked mohawk and all of that. But these 80's he isnt gonna like too much. But its ok.....because soon he will be experiencing the disco 70's.... haha.
Baloon......I am sure you know what you're talking about but Dr. Schmoe said $110 before $90 and he said he is an expert on charts so I just don't know.....you really dont want to go against the Schmoe. I mean when this was at $160 he was calling for $200........wait a minute......
three rips and three huge sell downs, they are indeed selling the rips HARD here, even on low volume... beware the consistent drop on lower than average volume, it's how large volume swoons begin.
NOW he has suddenly made BIG MONEY. His last "comeback" was so pathetic I just feel sorry for him. Pumping Z since $160. I wonder if he STILL thinks this is going to $200........
blah...blah...blah......5 month losing position DOCUMENTED. You have NO MONEY....how could you possibly make BIG MONEY.......poor little Smoe
Five months? That's cute. What you forget is that I MADE BIG MONEY during that "merger" pop FIVE MONTHS AGO. That must be what you are trying to say. Otherwise you are confused as always. All of my trades are posted REAL TIME so you haven't researched very well. I have been in my current trade since mid April as you can see by reviewing my posts.
Good try though. It still doesn't measure up to your OVER A YEAR underwater short.
Poor Smoe.......no comeback.....no way to defend Z........poor little guy. Coming up on 5 months with his capital "tied up" in a losing position. His teenie, weenie 401K.......
This is toooo easy. tmpljmpr doesn't think the "internet" is going to be useful. He probably still doubts that "The Facebook", as he calls it, will take off.
It's no wonder he always seems to come in last place in his Fantasy Investing League.
Ladies, as I warned you, the Dow and Nasdaq PUT WRITERS in the slimy wall street club always swarm around SUPER BULL market favorites like Zillow, publishing all kinds of DISINFO BASH NONSENSE, attempting to SUCKER amateur DUPES into buying gazillions of WORTHLESS PUTS....but here are the FACTS girls....some time ago, I recognized that the same scumsters who controlled the Clinton stock market are in full control of the Obama stock market....and, as a result, trading patterns of the two markets are virtually identical....and that means Dow and Nasdaq favorites like ZILLOW MUST sustain their SUPER BULL market trend for at least another TWO YEARS until the wall street club puts its obedient shill, Hilary, into power....and that also means that the wall street club sleazesters MUST continue to destroy various BEAR sectors (e.g. golds, silvers, rare earths, commodity currencies, etc.) for years to come..........and my near perfect analyses explain why friends and family continue to coat tail my GENIUS trades, treating me like a living GOD today....because, over the past several years, I have been CORRECT, 99% of the time....and as for YELP and TWTR, both superior stocks continue to trade in a SUPER BULL uptrend (based on their FIVE year chart)....and YELP is about to be sold for a massive premium, while TWTR will be at RECORD HIGHS before year end......THAT is why smarter pros only purchase IN THE MONEY CALL options against all the SUPER BULL market stocks while only purchasing IN THE MONEY PUTS against all the BEAR market garbage (e.g, golds, silvers, rare earths, commodity currencies, etc). EDUCATE yourselves, ladies and re-read my brilliant analyses, second to none!
Because Yahoo is going to Buy them. Cause the real estate market is HUGE. Cause real estate companies need to advertise on the INTERNET. If you dont believe me, as Joe Schmuck.