I would not wast your time arguing with these shorts. Almost all of these shorts are completely ignorant because their posting have no thought or facts to back up the point they are making.
I talk with Angie's List on weekly basis and I know their operations well.
Shorts and wall street are focusing on the profits and are blind in thinking that A-List cannot turn a profit. Wall Street know A-list can turn a profit, but is temporarily profiting from shorting the stock because of the earning reports,
As you said in your posting they are cutting cost and as I said many times, the folks at Angie's list tell me that they can turn a profit at any time, but had choose to rapidly expand their market by increasing membership by double digits every year. With a 70%+ membership renewal rate this only proves that the consumer like the product.
I would not always trust Billionaire's to be honest because they can and often do manipulate stocks. Such as playing the game by having a double position. It works like this: One of the positions they own are publicly know as a buying position. The 2nd position his own indirectly or owned by another secret person or entity with a predetermined private agreement on the strategy of the stock manipulation game.
Here is how it works.
With so many shares own on both sides, they take one position short , while the other position dumps shares causing the stock price to crash. The one position profits from being short. After the first part of the game is placed. Both double positions starts buying causing a short squeeze, the both position profiting from being long.
This is how is how the game works.
On Oct, 27 2014, Michael S. Maurer bought 15,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, October 27th. The shares were purchased at an average price of $6.56 per share, with a total value of $98,400.00.
Watch for upcoming news, soon to be announced. News Title, "Why is Angie's List up 50% "
Suckers who shorted this stock were caught in a short trap forcing them to cover loosing all the money, leaving shorts cry babies homeless, forcing them to have to move in with their parents, due to not having enough money to pay their rents
Signed the Contractor who knows Angie's List.
Sentiment: Strong Buy
It’s hard to say, being that they have had offers and not accepted them I would guess they were holding out. But now that that their stock price has been crushed, I would guess they have lowered their asking price.
The oddest thing about Angie's List is they have not focus on profits but instead have been focus on two objectives. One is to increase their memberships and the other by developing technologies to really help the consumers with their purchase of services. I always ask my Angie’s list contacts why they do not focus on profits, and I get the same answer every time, they tell me that they can show a profit anytime by cutting cost.
If I would guess what a buyout price would be today it would be $10-$13 dollar range.
I would agree you can't trust most contractors, but you can trust contractors on Angie's List with 13 years of Awards, such as my company. I do not own stock. I own options. Again you are not reading my post and you are assuming everything. I guess you are one of compulsive liars, who lies so much that you do not even know that you are lying. I would love to see you post a few facts instead of bad mouthing people and calling them liars. If funny because if people you do not agree with or they do not agree with you that you automatically call them a liar. I would never call anyone a liar, unless I cold prove it true.
lol you are funny. What you call pumping I call stating facts. Everything I say is based on facts. I did mention one night that the stock might go up the following day because I had notice increase buying after hours after because there was an after hours report that came out stating that Ken Griffin was increasing his stake in Angie's List.
I have showed my post at least twice and I will not show them again to a fool such as yourself, besides you are too dumb to understand my posts.
Sentiment: Strong Buy
The stock never open 25% lower, again you the more you talk the more you proof your self the board idiot.
I already have told you guys that Angie's List have had offers and have turned them down. Angie's list will be bought out simply because they can be purchased cheap compared to its peers.
Longs consider this
As last quarter, Angie's List has 2.8 million paying members. The people who join Angie's List are the middle to upper class consumers, who only wants quality service and are willing to pay a membership to have access quality contractors such as myself. Angie's memberships have the highest purchasing power, which is the type of clients that every company in the world wants.
The homeowners on our country spends several hundreds of billions of dollars fixing and maintaining their homes. There is almost unlimited profit to be made by companies like Google, Amazon and Yahoo want to be a part of it. Amazon has already started doing this with their Amazon Local Division. Angie's List will make a nice addition to any company looking to create synergies.
First Ignore the shorts. They are lairs spreading fear instead of facts. Most short have proven themselves on this board to be ignorant. I simply do not have the time entertain ignorant people.
You might want to listen to me, since I have been right on every call except for calling the bottom on the stock price today which I may add that I still made 80k yesterday because I had purchased options both calls and puts to capitalize on any large movements on this stock. Do not believe these shorts are spread lies and saying I said things that are simply untrue. A few days ago I had advised that longs have stop losses in place in case of bad news like the missed earnings.
Long and shorts can both make money using a straddle because call and put options are cheap and with any movement greater than 15%, you will make money. If a buyout is announced, this stock will shoot up at least 40% and you will make you a ton of money like I made yesterday. I would recommenced buying options out as far as May 2016, this would give you enough time to trade out of the options in case there is no large movement in the stock price.
Pressure is now all on the shorts. The stock is oversold, wall street is crashing the stock and buying it back at a cheaper price. With any good news the shorts will cover. With a potential buyout offer coming soon, I do not expect the larger investors to be short too long much longer.
Good Luck Longs
From the contractor who knows how to trade Angie's List Stock.
You believe what you want to fool. And I did not say I am never wrong. I just said so far to date I have been exactly right on Trading Angie's List Stock.
I know I can say this: know more about Angie's List then any of the fools shorting Angie's List on this message board.
I don't think you can say Cramer or anyone else is a looser, he made a call and since his call the world has changed. Anyway, It doesn't matter what you own everything is going down in this panic selling. Lets hope for some world peace and that Russian's President Putin will not force a world war 3
Angie's List is holding up great. As I said before Angie's List is gong to be bought out. God Bless Angie's List
Sentiment: Strong Buy
Until this stock gets recommended by a trusted analyst , the only money to be made here is by the manipulators. I hope you longs get your good news soon.
You might be right in the future, but as now , there are no competitors that come close to offering what Angie's List has. That why they have a 77% membership retention rate
You might be surprised this quarter because Angie's List has already started making major cut backs including laying off a 100 employees, cutting back on Advertising, R&D. It has also finished renovating and buying buildings and have settled on their large lawsuits.
Points to consider
Angie's List had just secured a $60 million loan, which will give them enough money to operate a couple more years.
Regardless of what happens this next quarter, Angie's List will make a turn around and will probably be bought out before it turns around because the big money knows the right time to buy Angie's List is now.
Buyout offers- Angie's List has already received buyout offers and turned them down. There are buyers out there it just a matter of settling on a price.
You are incorrect in saying that Angie's list Displays only A reviews. Angie's List shows all Ratings from A to F.
You are correct in saying that members who did shoddy work who would deserve an F report, could work things out with the members and have an agreement that the member gives them a better rating or remove a previously poor rating left. This is actually a great things for Angie's List members, because Highly Rated A companies such has mine, will do whatever it takes to maintain our A ratings. The consumer wins because in the end most companies who fear bad ratings will fix the consumer’s problems or discount their price.
In summary, Angie's List is not perfect, but it had by far the most Superior rating system anywhere today. Its 100x better then BBB, 1000x better then Yelp and Google
Davidgolioth10 • Jul 2, 2014 8:22 AM Remove
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Regarding Angie's List
I live in Indianapolis the home town of Angie's List. I am a contractor and currently we receive 95% of our new work from Angie's List, but more importantly, we are one of 15 companies that work with them on a daily basis on implementing their current and new software tools.
I have read many of the post and specifically would like to address a few of these short postings.
On paper Angie’s List looks like a great shorting opportunity. With that being said, I would be careful shorting this stock for the following reasons:
Angie’s List on paper is losing money. The reason is that they are investing in expansion and advertisements. They are burning through cash because they are experimenting with finding the right service product that the consumers want. I would say there business model resembles Amazon. In the past Amazon has put nearly 100% of its profits into expansion. This is basically what Angie’s List is doing. Angie’s list is losing money because it wants to grow and it has always increased its paying membership by at least 30% every year for the last 10 years. Once the business model is perfected, Angie’s List will cut its advertising budget and stops spending money on development software, it will start to realize a profit.
The main reason I would not short Angie’s List is because they will eventually become profitable and the stock price will go up or be bought out by a larger player, such as Yelp, Google or Amazon.
10/4/2014 - After I wrote this article, I had changed my mind and decided to short the stock, hoping that the buyout offer would not come. As I said before in my postings. I timed it prefect, I covered my position 2 Fridays ago, reversed my position with call options and made the best trade ever.
Sentiment: Strong Buy