I can tell you that no one does what they do to the scale they do it in.
I pay them 2k a year to advertise in the US and Europe. I have a rental condo on sanibel Island in Fl.
My yearly average was about 18k a year prior to coming on board in 2008. Since then I'm doing averaging 38k a year. The complex contains 42 units and 40 are rental. Everyone one of them subscribes to Homeaway.
800,000 units in the vacation portfolio. With millions of users going thru the Homeaway websites. That's why Expedia is getting involved, they know the value of Homeaway.
Sentiment: Strong Buy
I'm a customer of AWAY for my rental condo unit on Sanibel Island. Between USA and Europe AWAY generates almost 90% of my new bookings. With many repeats that originally came thru AWAY.
But it costs me 2 k a year for both of the continents, but its worth(especially the European for the summer travel in the USA).
Besides the cost here's my opinion of AWAY's real worth:
They're a deadlock buy out (maybe by October-look at those options) by probably TRIP.
Remember TRIP started Flip Key and its dead in the water if you ask me.
JMHO...But I betting on it
7550 contracts on the Aug 16.00 calls traded today. Pre announcement action no doubt. 5k of those came in the last hour or so
Only 573 contracts open prior to todays action.
What could this mean?
Hard to think someone would buy that much on a hunch.
lets see now..maybe a large holder sold his 700,000 shares into covered call contracts at a 1.00 each..Lets also say his average price was 22.00.
700,000 covered calls
2,100,000 profit if the contracts are called, if not he pocketed the 700k and still owns the shares
2.8 million total profit..not a bad day
The rich get richer
Just because some owners don't reply doesn't mean Homeaway is at fault.
You're not a customer of AWAY, just a user. The customers know the value of this company.
625,000 condo/home owners use AWAY to help secure rentals. No one else is doing this to the degree AWAY is.
Finally, this is a almost a sure buyout from an Expedia, Priceline etc type of company..
Yes.No doubt the island is world class destination.
Arthur Frommer, the renowned founder of Frommer’s Travel Guides, has ranked Sanibel Island #1 as his favorite place in the world to travel.
News Release – For Immediate Release
January 19, 2012
City of Sanibel, FL
Contact: City Manager’s Office (239) 472-3700
Sanibel Island Ranked #1 on Frommer’s Top 10 Favorite Places to Travel
Arthur Frommer, the renowned founder of Frommer’s Travel Guides, has ranked Sanibel Island #1 as his favorite place in the world to travel, describing Sanibel as, “Off the west coast of the Sunshine State, a few miles from Ft. Myers, is this idyllic haven of white-sand beaches, condos whose seafront apartments are available for weekly rentals, excellent restaurants, good shopping and most important, the Ding Darling Nature Preserve, visited by thousands of birds of every species, who bask in the sun after diving for fish, and are one of the great natural sights of wildlife in America.”
When acknowledging Frommer’s designation Sanibel City Manager Judie Zimomra stated, “Per Art Frommer, the best place in the world to visit is Sanibel Island, but for those of us who live here it is just a great place to call home.”
Frommer’s list of his personal favorite places in the world to visit below Sanibel Island are: Bali, Indonesia; Paris; St John, U.S. Virgin Islands; Cairo; Caribbean Island Bonaire; Yachats, Oregon; Chiang Rai, Thailand; Greenwich Village; and Kenya.
I advertise on Homeaway USA and UK for a condo on Sanibel Island..Just spent close to 2 g's within the last 45 days to renew both USA and UK.
Of 42 units in complex, my unit is number one with nearly 40k last year in rev and just over 30k for 2012 (others fail to realize the value of Europe ads for summer travel).
Since signing on in Jan 2008, just over 47000 hits via Homeaway.Com.
With the last renewal,they jacked the pricing up considerably, ranging from the Platinum to Silver packages. The high one goes out at over 900.00 plus added extras for features. I'm telling the revenue will be higher than most expect(JMHO).
Finally, the overhead. I spent no customer service time buying the expensive UK ad and talked with a rep for 10 minutes for the USA ad. the margins here have to be outstanding. Not sure in the short term with the lockout expiring(though insiders selling at this point make no difference to me)but long term, if you want to get the best results for rental revenue, its the only place for me....thanks, jobba
Warn, I think your right about the dollar guys selling out. In my opinion its been on for quite awhile.Look at the intraday 5 minute,especially the last 2 days and you see large chunks going out.This cannot be just your average retail guy hanging around. Either its someone who's acquired thru warrants or options a large position. That's really the question here. Why if things look so doggone positive,would someone be dumping like this?
By the way, I'm not sure all of you guys,but I'm looking for answers.
more of the hype...trying to come on and tell people its "going up", the "smart money" is moving in.
You guys talk like there's thousands of shareholders! Matter of fact,how many shareholders are there? Just for the record, I'm like Warn in coming into this too late( high 3's)and I'm madder than all get out about what's happening.
Regardless of the hype going on this board, somebody besides little retail investors is selling. Some of the poster(s) here must have huge positions(read millions) in AUGT. Isn't it odd they keep telling you to buy? All the while we have huge volumes on the downside of a stock that can't have anymore than 300 to 400 investors..SEC should investigate
What difference does it make when I signed up.
Tell me what the excuses/reasons are for today's huge sell off? 10% off with 644k traded!
Money for tax payment?
Longtime holders from the MDVX days?
Doesn't it seem odd that some posters have access to so much inside info?
The stock drops over 10% on 644k volume and someone tells you to keep buying more!
Posters on this board with way too much inside information are telling you to buy more!