LoL seems that too many people are believing the Zillow propaganda and the constant reference they have to 'monetizing' mobile. Zillows mobile capability is 2nd rate, exactly the same as their zestimate algorithm is 2nd rate. Zillow themselves advised last month that 4th quarter display revenues will be flat which doesn't resonate with fundamentals of a growth stock to me. That's why the stock fell 25% after the earnings call in early November and why a class action has been filed for alleged securities issues.
Last week Jim Cramer said "AVOID Zillow as already in declining growth and results less than stellar will keep stock being sold". Whilst I don't always agree with Cramers comments he is spot on here. He went on to say "Looking at Zillow specifically, the company grew revenues at a 117% clip last year, but for 2012 it's only expected to grow at a 72% clip and in the latest quarter its revenue growth was just 67%. "That's still very high on an absolute basis, but it's a major deceleration, and that's the kind of thing that makes growth oriented investors want to hit the road," Cramer explained." I don't think Cramer will be on the Zillow Christmas card list this year, even after the suck up interview that Spencer Rascoff did with Cramer a few weeks previous.