Go to http://www.realestateabc .com. It's basically a Zillow knock off. There's an article about these types of sites in Forbes (which is pretty dire for the RE industry in general).
Nope. Just a trader who knows to short a backtest of what was once support ($8.00). This was an easy one. Up 2.12% on the trade so far. Technically speaking, this is a very weak stock. Glad I stumbled on to it.
...any questions, kids? Picture perfect short setup. Wish I would have seen it on Friday. Nevertheless, already up 1.47% on the trade. New 52 week lows imminent. This was an easy play.
Markets have done significant damage today. Stay tuned for large correction.
I hope other smart realtor's are shorting this pos. I have a friend who does "technical analysis" and he says the "p&f chart" for "sold" is very, very ugly with a downside price target of $5.00!
ride this pos down into the abyss for major profits. it is totally awesome to see this stock keep plunging. Why? Because we add to our profitable trade and as an added bonus, get to feel the utter disappointment of management because they really want this stock higher. Lol.
karma's a bitch!! Lol.
You are correct. Short at $8 and make lots-o money. Classic retest of support on light volume. SOLD won't close above $8. Smart $ won't allow it :)
Just took a nibble short here.
Why don't you take a break from your propaganda and go read a textbook on fundamental analysis. Ask Lazlo Birinyi whether he has picked any losers using TA. If TA was the end all (even if you were doing it correctly), there would be no fundamental analysis.
In addition,when you see a company put out a press release on a "free webinar", you can pretty much feel secure in knowing it is in "desperate mode" for news.Yes, during the dot com boom, SOLD would have been over $100. People are much smarter today :)
Nice call today :)
You are correct about remaining short in this stock. WBCapital apparantly knows where this is headed too :)
Again, nice call. Turned tail where it was supposed to.
Textbook walk-up back to major resistance on weak volume. Oversold sto's are now relieved. Dowtrend will now continue. Added at $7.92.
I also see that the CEO is 37 years old?? LOL. Maybe for GOOG...but SOLD is a far, far cry from GOOG. The SOLD kid is too inexperienced.
The more I look into SOLD, the better the short side looks.
Good luck to those of you who are still holding on the long side. I think you'll need lots of it. imho.
In the 90's...maybe this stock would have soared to dizzying heights because it was a "dot com" company. Not in this day and age though...people are much wiser.