All depends how they manage their local network. They could undercut other internet based companies for marketshare.
Sentiment: Strong Sell
I am going to follow this private company Localzz. They definitely have the dot comms and the brands.
ANGI market capitalization $464M. Net tang assets are NEGATIVE $41M. Hicks laughed all the way to the bank when she IPOd this thing.
How are they ripping people off? Can't wait for your answer. Can't I post updates from a local information start-up company?
Localzz @localzz 14s Localzz to launch LocalsChambers dottcomm and LocalChamberofCommerces dottt commm
These ignorant analysts always upgrade this stock after ANGI attends a conference. Expect an Oppenheimer upgrade tomorrow.
Yeah, they ripped me off. Don't get involved with these thieves LocalZZ.
if I didn't know better I'd think you were stalking me jolt, welcome to the land of overvalued equities with murky futures... ANGI and GRPN appear to be in a race to $5 over the near term, their biz models are flawed and I have a feeling that the funds that still own them are looking for a way out now. but it is the rampant insider selling at every turn here that makes ANGI one of my top short trades, this looks virtually risk-free assuming you can find shares to borrow.
Don't fall for this scam. Do not give them your email or credit card.