If it does, I will short it with you but I don't think you will see it. Todays trading will give a good indication. Obviously, that big buy at the closing was one of the wall street crooks knowing the upgrade was coming.
#$%$ happened?? Holy cow. I take a shower and miss the opening and I see it is up over 8 bucks on less than a half million shares. Only good take from this is that it happened on low volume. Hopefully will get back under 130 by days end. Wow.
One thing I will add, when I start seeing upgrades, I feel the top is just about in so you shorts may now have your day. Upgrades always serve as a way for funds to dump shares on retail investors.
I'm out @ 132.50 for a quick little 2-day profit of $4.70/share.
I'm not going to say what that means in dollars because most of you shorts will say BS anyway. Let me say, I am very happy and the loud-mouth shorts (not all of you) can suck it because it's all about making money. Small trade after small trade they all add up. I see if continues to rise and I may have left some profit on the table but I never get greedy. Pigs get slaughtered, loud-mouthed shorts get irritable!!
I thought you were done responding.
You offered a debate? No, you wanted to tell everyone who would listen how important a trader you are. Albeit, one with a shrinking balance. All those fancy terms and you still make poor investment decisions. It just shows some people lack common sense. But, you have it all figured out so anyone who says different is a know-it-all troll.
I can tell you have a severely irritated vagina. I imagine 2 or 3 years of shorting in a runaway bull market will do that to you, so I will make this short and sweet. If you don't want to read my posts there's an "ignore" button. Use it.
It has no game and it gets very, very upset when someone highlights this. It will never answer any question cause it doesn't know the answers. It has eeked out a few small gains on a few small trades (by its own admission) but our little troll thinks hes a Wall Street tycoon. Like I said, there is a "Joe" on every board and they all act the same. None will answer any questions. And its always the same...."I could if I wanted to.......", "I would but those are bogus questions", and I could go on and on. And they always make all these false statements about how much you have lost even when the history of your posts shows that is clearly not the case. I guess it makes them feel better. I offered to have an intelligent and respectful debate with Joe and his response was to hurl insults and some weird stuff about bong hits. The Joes are always vile little beings for some odd reason. But they clearly love and relish the attention.
What we are witnessing here is some idiot momentum trader who has no understanding of valuation or fundamentals. He probably doesn't even know that a share of stock represents ownership in an asset. He has less than a year of experience under his belt and the market climate has been favorable to his naiveté until recently. Rather than realize how stupid it is to buy a stock just because it went up, he is now going to lash out at the short sellers of Zillow who have been right all along, even when they shorted at $107. Sticking to your thesis and adding to a position even when the market goes against you initially because you know the opportunity is so enormous and obvious is savvy - the do not try this at home, kids, sort of savvy. Buying a stock because the price chart looks nice is just amateur and foolish. MTU is the latter. Has your thesis broken down now that the price chart has broken down?
Sentiment: Strong Sell
No doubt greed has set in. I was on vacation at Ocean City Maryland when the Trulia buyout was announced and my son (who likes to watch stocks with me) told me the computer said Z was up 30 dollars. I told him he must be reading it wrong and it must be up .30 cents or 3 dollars. He was right though and it sort of put a damper on the rest of the day. I shorted more and more based on my belief that all stocks eventually trade to their fundamentals. I realize momentum stocks can defy logic and trade to crazy highs but they usually crash hard at some point. Part of the trick, I believe, is to wait until they achieve that crazy level before shorting. I nailed FEYE, VAPE (the only marijuana stock I was able to short) and got lucky shorting GMCR and FB. I wouldn't touch FB now as it looks like it is going to continue to grow revs (and profits) well into the future. FEYE was trading at something like 50 or 60 times rev. when I shorted it and wasn't even profitable. It was worth the same (or more) as established Co's like CHKP but with no profits and a fifth the revenue. I probably should cover tomorrow but I won't because I think Z could go under 100. Will it? Very possibly not. But it might. Z seems to have lost its momentum and it seems to me anyway that the trend is down. For now. My single greatest fear is that Berkshire Hathaway will announce that they are going to buy Z for X amount of dollars now that they are involved with real estate. I knew shorting Z at 107 was probably premature but I thought I was invincible coming off my successful shorts with before mentioned stocks earlier this year. Z went up almost 60% before it reversed course so I couldn't have been much more wrong on my initial few short sales. I got a bit lucky on this one. Good luck to you joe. You seem like a humble fellow investor. We just happen to be on diff. sides at this particular time. Again, good luck to you.
I never once mentioned ANYTHING about my sister "raving" about anything. I said my sister is also a broker at Sotheby's and she advertises on Zillow. That's it. Go back and read. I presume if she uses her own money to advertise their she finds it valuable.
PS: It you were searching the Sotheby's broker database for someone names "Smoe" you are a bigger fool then you already confirmed.
I see you are a perma-short based on all of your other posts.
That accounts for the fact you've got that look of someone who swallowed a turd. It's got to suck opening your portfolio every day to discover it's worth less than the day before. You guys have been completely wrong for how many years now? And you have the nerve to comment on "the vast majority" of fund managers not beating the indexes. hahahahha
Wow, you really are a piece of work. You have your panties in such a tangle you can't think straight. Don't do me any favors, I never asked for your "advice". Your type of advice is dangerous to ones portfolio balance.
Just like some fools think it's worth $60 (go get a mirror) and are now sitting on huge losses. If someone is willing to buy at ANY price, that's what it's minimally worth to them presuming they think it will go higher.
Stop trying to always impress people and listen for a change. You might just learn something.
You go find a question in that rambling, self-serving "look at me" thesis on how important he is. I gave up. A question is followed by a question mark and I didn't find one. That was just a big brain fart meant to show how smart he thinks he is. All that knowledge and he's still drowning in his underwater short. Some people like to blame others for their poor decisions.
You really are irritable. It must have been tough watching your short run away from you all these months. A smart investor, and I'm certainly not mixng you up with one, would have stops in place to preserve capital when they are wrong, and I imagine with you that is quite often. That must have been a chapter you glossed over.
You were the one who challenged me with all your fancy terms. That would make YOU the pompous #$%$. I'm just a average Joe using common sense to MAKE MONEY. It appears the JOKE is on you. It must pain you every time you look at your portfolio balance.
PS: When you see a huge spike in volume, well above the SMA it is generally not a retail investor. In my book, that would be a fund. Someday you will get over yourself and not blame others for your poor investment choices.
1) A few weeks ago or so it was worth $150+. So if I had used your investment strategy and bought then since the market was telling me it was worth $150+ now I would be down 20%+? Hahaha. That is the most retarded valuation analysis and "investment strategy" I have ever seen. Are you really this dumb?
2) The vast majority of fund managers cant beat their respective indices. How smart does that make them? And how do you know whether the smart ones or the dumb joe smoe ones are still holding the stock? You don't.
3) And you don't know who is holding on and who isn't or how they are synthetically creating sells without selling the underlying security.
Your mama should have taught you that when you don't know anything about something, don't go out of your way to advertise to everyone that you don't know anything. Your ignorance is truly stunning. I don't think I will waste my time engaging with you anymore. Its about 100 floors beneath me.
1 sentence after another with no basis in fact. There is absolutely nothing that I would need lessons from you on, except maybe on how to be a pompous know nothing fraud. You sit in front of your computer and monitor trading lots and convince yourself about "support" and a big buyer and all this other nonsense. Maybe there will be a reversal, hahaha. What a joke you are. You are the one that started giving your "fundamental" analysis rationale for why this stock is not overvalued but other than saying "eyeballs" and "amazon" you have zero depth of investment knowledge. Thanks for confirming to this board what a joke you are. Go back and look at my posts, when people on this board were inaccurately stating that there were no shares to short I was shorting thousands of shares at much higher prices than here. If I were you, I'd sell your 10 shares and move on before you get bent over and cant ever stand up again.