etsy is not Nflx,and it is not amzn,but it is challenging Ebay,it has been taking marketshare from Ebay.
without hyper growth,Etsy will be a teens stock,($10-20$)
Etsy is not Zulily,it is more like Ebay ,Amzn,Rubylane,Yahoo SHopping,,it provided a venue for sellers to list their items for sale and makes money by charging a listing and a commision when item is sold.
It all depends on how fast they can grow,many sites were created to mimick ,compete with Ebay,some have more resources than Etsy but so far Etsy is the one.
11 Main St is backed by ALIBABA,Ecrater follows Google rules to the T,neither of them can match ETSY.
Plenty of people buy and sell on Etsy,just like Ebay.
Listing fee is 20 cents per 4 months and final value fee (commish) is 3%,versus Ebay listing fee for 30 cents for 7 days and final value fee of 10-12%.
Less rules,less fraud ,less competition.
All Etsy needs is to raise fee a little,no one minds
I dont trust WALL STREET.
Did any of you watch David Einhorn talking about Pioneer resources,he was on stage making a presentation in an investment conference , he evn give you the symbol.
Give me a break,this guy is no longer a green horn,he is rich and successful and he acted like a penny stock broker,giving us the symbol so we can go and short the stock and make him rich
Usually,downgrade and Barron would cause the stock to drop 1-2 days,then it is business as usual.
I have said it before and I will say it again,low oil price is good for PBR as it would cost less to buy oil to refine and sell them cheap to the poor.
It is a subsidy and everyone knows that.
I think once shorts cover their short position,profit taking will come in when it goes to high teens
When is PBR going to write down some of its assets on the books since it has inflated many contracts so they can get a kickback from their suppliers,so they can rekicked it back t o the politicians?
I told you folks,lower oil price is good for PBR as it subsidises gasoline for the poor,the lower oil price,the less is the cost of subsidy
better than CD or money market funds,but not safer,we could lose principal.(big) and face dividend cut.
also tied to the oil industry,being in Houston,oil capital of USA