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Angie's List, Inc. Message Board

  • mark_s_park@ymail.com mark_s_park Apr 4, 2013 2:08 PM Flag

    Have Patience.... Will Eventually Come Down.

    We all know this company is not profitable and will never be profitable. Eventually, it will have to have issue more shares to sustain its business by the end of the year. So, don't expect this to drop in a month or two, especially during this months earnings announcement.

    If you do wait and hold short, it will pay off well. I will call out the analysts who keep saying this is a buy from the beginning. Lets see several more quarters of earnings where they continue to bleed $$$ and see if they feel it is still a buy.

    I have time on my side... I don't think they can continue to say Buy knowing this is never profitable.

    Just have patience and eventually, you will see this company first issue more shares and eventually, become irrelevant (below $5 - not sure when but it will and I have time).

 
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