Permit one sour note: the drop below 205, a major support area, can be explained away by a weak Mkt...but it's still a trading day below that support, with oscillators now turned negative.
The hype period is effectively spent, with no trading progress, even with this latest extravagant "learning" acquisition. Oscillators turned negative on this option expiration day.
Barron's featured Audience on March 3 among 5 cos. to benefit from Samsung Galaxy S6. Not much followup, but the Feb. vol. could have been insiders on this coming media bite. I only mention this belatedly because of a big upspike today (Apr. 10th) to 5.20 in mid-morn. Possible accumulation.
...worth millions $$ for TSLA stock!
Mkt HAS BEEN one up one down lately. What it "is" can still be anything, as we all know. Those two Z slips below 100 today were a bit nervous. JMHO.
A list of weak hi-flyer shorts on this "Bull Mkt" day: TWTR, FB, LNKD, TRIP, TSLA, YELP, LL, etc. The big leap in the averages is great cover for continued bailout from the glamour group. Z is not exempt.
Joe...I still appreciate your diligence..your calm against razzing of several..and your bullishness. I've grown so old I've lost much of such exuberance, but can see that you believe in Zillow's future. Locally, though, the biggest realty firm is aggressively building its OWN local website and advertising it to trump Zillow (Tucson/Long Realty). Don't know how many other places you see that. I've been in realty for 40 years+, and can't see Zillow bringing that much to the table yet.
Some of its Zestimates are really troublesome for buying/selling. So just "be careful out there".
Happy to see that are appreciate the risk, now that your 100 target is near: but how to be "sure" that 100 will hold? A Buy at 100.?? could be protected by a Stop...but we're now at a tenuous Mkt point..with weakness daily..that could bring an opening for Z the next day down at 94 or lower. And if 100 is broken, a climb above it is now "overhead resistance"..very difficult to achieve. Better to recognize that Z is becoming a Bear chart., IMHO.
Investment Bankers make out on both put and call side options sales....investors?..not so much...long or short.
gouge both put and call side option buyers. It's a great Mkt...for the bankers.
By the way...love that long rambling Streeteasy (Z owned) PR today on all 5 NYC borough rental "best in March". Great info for all the rest of Z' clients who don't live in or care about NYC! And of course all that is just StreetEasy's opinion...not facts.
...But that opinion could be wrong..right?
If this DN Mkt continues, can they support Z at 105...100...or even 95? Maybe. But maybe not. Time to think hard. Zillow is still giving out freebies to wavering brokers.
So the "Starbux effect is touted by Zillow...what a revelation: people who pay big bucks for daily coffee are not living in low-cost neightborhoods. This Zillowtalk is really insightful !
can now be placed directly onto Zillow "at no cost" to Georgia's MLS realtor members !! What a backwards way for Zillow to make money.