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Angie's List, Inc. Message Board

  • retailexecutive retailexecutive Oct 25, 2012 5:08 PM Flag

    Angi jumped over 25% on a relatively lackluster performance

    Sales were ok but earnings slightly beat a very poor forecast number. What is the big deal ? The underwriter and early buyers are defending the stock position, that is fine that is what they should be doing but the results will have to get a lot stronger and they can not afford to pay the acquisition price for a new member at this level it is unsustainable. AApl had a much better report and a great result but they missed. PE will be about 14- 15 and an outstanding quarter when based on yoy comparison. Just goes to show how the markets can get confused over valuation. Fundamentals ultimately rule.

 
ANGI
6.06+0.21(+3.59%)May 4 4:00 PMEDT