Sorry bud. It I made a few bucks. Weekly a already gone. Moved on to other things but Zillow is next. Take a look at what happened to Twitter. Pumped up at CNBC and Cramer and now what? Don't fall in love with stocks. Wait for others to fall in love pushing prices too far and then go the other way. Zillow is garbage. Today even more.
Sentiment: Strong Sell
Cramer and his comments and interview with Zillow's CEO has kept Zillow from tanking. But, this pattern is typical and a few days after Cramer pumps a stock it slides down. His interview for Zillow's CEO was leading and the biggest softballs I ever saw.
Cramer and CNBC stoked the flames similarly with Twitter a week back and Twitter spiked then slid back.
Zillow is going down in the $80s and then $70s. Classic exampl of buying on best case scenario 2-3 years out. And, best case scenarios are being lowered already. Zillow is likely never going to make it once their capital runs out. They can't buy anything once their paltry couple of hundred million in cash is gone and revenues are garbage.
I proudly own May 15 Puts and fully expect to make money on this trade once CNBC stops pumping. And they already shot their load on Zillow.
Seriously, Cramer is looking more and more dirty like Seth Dorfman was back in CNBCs early days. Cramer is a TV personality not an analyst and his comments are far to outrageous both long and short.
Best way to make money, wait 3 days after something Cramer loves or hates and then buy options on the other side. It's money in the bank. The point is, one mans view is exaggerated because he's got the TV audience. It artificially pushes stocks in a period of a few days and then returns back the other way. And, I personally think he's a pumper and has lost his purpose.
Zillow has maxed out and the smart money will sell. Only real issue preventing a wipe out is the 50% short position. Without that and Cramer it would and should be below $80 today.
Sentiment: Strong Sell
I bought Puts when it was about $91. No worries. Only fools watching Cramer will buy. Pros have large blocks selling slowly in small blocks over the next weeks.
Seems like there are some TV idiots like Cramer trying to throw softballs at the CEO. Cramer did the same thing after the Twitter takeover BS and then Twitter died. Cramer is a paid shill so I think it's going down. Whenever , someone tries to backup a bad story with more look ahead talk it's usually BS.
Bad news is bad news. Explainable or not it was negative for today. We don't buy stocks in hopes that 2 years later then "may" become something. Well, suckers do. Zillow is a dream built on Ponzi strategies. There's a reason it's still 50% shorted. And that's a reason people will BS to try whatever they can do to pump it up.
They achieved that by keeping it where it is but analysts will be coming out with true analysis letting people know to be cautious and stand clear.
No doubt the institutional shares will start the unwinding process to transition out of Zillow.
Why hold it now? So many better places to his money. Believe in Zillow in 2017? Move Zillow shares to Apple till then. Or Gold? Or Google? Or any other "long-term" bet like Yelp. But, Zillow basically said we're done for now. Come back later. The store is closed for now.
Zillow buyers now want to lose money or pray it stays even. No upside and tons of downside. Plus, they admitted they're not a very good management team.
Never saw such a hunk of 1999 #$%$ like Zillow. 2017 will find Zillow below $10.
Sentiment: Strong Sell
Those shorties were happy to take a 10% gain in little time. After that it trended higher but tomorrow, a continued pullback. Better word would be tank as professional positions unwind. Only the large short position will keep it from a slaughter. Classic buoyancy by a 50% short position. But as that short unwinds it will go lower. All the buyers are short covering happy with the gain. Actually, now they can hold and let it slide. Volume is going to dry up like a dead leaf. Either way Zillow has ZERO buy rationale. Dead as a door nail.
Strongest Sell on the Street!!!!!!!
Sentiment: Strong Sell
And in ten years what service have they improved or added? Nothing. Same thing they put together day one. But they have debt and revenue at tens years is not worthy $34 billion especially being its not even steady income. Management sucks and they're stagnant. This is why the only hope is someone buys them only if it drops 66% or more. Buy this now? Not happening.
Dumping shares would tank the stock. I had a few hundred shares of a low volume stock in the past and sold slowly in small blocks at broken intervals. By the time they released there was a significant volume increase I was out. Barely moved the price. A director can't be so stupid to dump shares all at once.
Something is happening but still not sure why or even close. I can say it's being manipulated. Thinking it's a market maker issue. Something in their world is jacking it up.
I once had a stock where my broker, as I found out later, were controlling the stock and the only retail market maker. It was flying up and I wanted out. They almost said no they won't sell and that's when I said I'm out. I sold around $15. A week later a friend that still held called and said it crashed to $1. The main individual hoarding the stock with his clients had a fight with the company who were also the market maker. He quit and basically the co pant said, take your clients and we're dropping the bid/ask and hey did. Everybody got crushed.
So, I'm thinking there's something like that happening. Not doubt, it's not about inv sting but market manipulation. Just curious if I could figure out the play and take a ride. But, then I think I'll get burned and my ethics are co promised too.
We'll have to see where it goes.
They're all software companies. It's the engine. The software genius keeps the companies relevant and growing product lines. Without some intellectual advantage they can easily be duplicated and in Twitters case a better and more advanced set of user capabilities would not be that hard to accomplish. 140 character comments is not media. People are tiring of this concept as it provides little media. People are growing tired of reading what Dennis Rodman or Kim K says. Ok, it was cute and now realization has set in that it is useless. Facebook however has a large plethora to keep people connected and they can share their lives with family and friends. But, truly look and see how many people are really involved with Twitter. Not many. I have a wide range of colleagues, friends, family, different age groups, ... And I could name 2 or 3 people that use Twitter. And, it is a software company! With very childish level of complexity. Absolutely no media or software value. Just a fad.
Sentiment: Strong Sell
I saw that and have been trying to reconcile it. Your thought could be but such little information from a Chinese company makes it a guess. I was thinking of buying calls which would have gone up 1200% or some crazy amount in a week. But, I also think maybe buying outs now as they could easily manipulate it down too.
Just mind blowing that it's still under the radar and nobody has picked up on it.
I Dream of this flying $1-$4 daily till $100 but then think if I tried to make money like this I'd be that slaughtered pig.
I'll keep it on my radar just for kicks and curiosity. Most curious to know if ANYBODY notices this $2-$4 move up daily with 300k volume.
It's al oat a sense of pride to have found something nobody else has but I have no idea what to do with it. Looks like I've finally gained some wisdom.
Thanks for your ideas.
Don't forget weekly options maxpain tomorrow. It's going to tank below $52 for sure then those call writers will sell pushing harder and likely below $51. Then Friday night Cramer or some othe CNBC buffoon will pump it up again to sucker in more with their cable level research. All along, they're going to find TWTR slide to the mid $40s and maybe lower when the market gets hit hard. And it will because it's only the FED proping up a worn out rally. By years end the newest crash will be in progress and TWTR will be reeling. Amazing how people lack understanding that an investment has to have revenues increasing and sustaining to lead to a co sister profit. TWTR is not likely to do that, EVER.
Nobody is buying a user base that never logs on and is a simple tool to post quotes. The media and people desiring fame use it. And local news can fill time by picking out a few posts. This company has completely no value and hearing Google in the same sentence is an insult to any person with a brain. Not to mention ridiculously low revenue. And fairly high debt when most companies in this stage have zero debt and 100s of millions in cash. I know a few people of thousands that use Twitter regularly. 50+% on FB. Most have Google in their lives. All MSFT related. Twitter is simply not even close to essential. If their servers shutdown in 5 seconds nobody would care. No value, close to the thousands of late 90s internet companies that are a generation gone. Twitter will be gone or replaced in 5 years.
Guaranteed STRONG SELL!!!!!!!!! Valueless other than to investment bankers and wall st pawning off the stock to suckers. A Wall Street bonanza with $34 billion padding the streets pockets.
Sentiment: Strong Sell
Had a good laugh today? Disappointed? Worried it was a dupe? Expecting to laugh tomorrow? I won't be laughing at you either way. But, I fully expect this "little" pop to be rolled back once people realize it's nonsense. Even with your asinine comment I'll wish you luck.
Complete BS. Google would waste their money on a company that is a 1 trick, low revenue, 140 character company. This stock isn't buyout material at $10 billion let alone $34 or well above in billions. And, CNBC stoked the flames with Cramer starting last week advising someone is selling at $50 so I'd buy at $47-$48. Then he says own TWTR now. Anybody that knows the clowns running TWTR, their horrible sales, and complete understanding that they have nothing but 140 characters knows this is BS. And, CNBC blockheads are BS with Cramer the lead buffoon. This false, bogus rumor was put out to allow some folks to dump at $53+. And now all you Twitter buyout fools have been made the fool. The adage "buy on the rumor, sell on the news" only works if there IS news. And, unfortunately, for people that bought this BS is discovering there is now news which is the news. This means the whole move rolls back and then some. Mid $40 is all but guaranteed. I'm short, but angry not for my short term losses but for all the losses the longs will be taking for buying a lie or horrific analysis. I COULD BUILD TWITTER IN A WEEK!!!!
Was going to. Up options but don't know why this is happening under the radar and when it ends. Any insight? Therese call options are up 2-4 times daily. Crazy it's acting in its own universe without any jump in volume.
Instead of a reasonable argument you dismiss it and call me an idiot. Sums up who's holding this stock now. Good luck to you....long!
CUZ? Nobody that uses that term has credibility other than selling weed or working hard to act like a hipster. I think you should grow up and learn.
How funny this little push is. Income beat on not so great revenue. And, guides lower in upcoming quarters. Has anybody forgotten that a stock is properly priced on future prospects? Growth is negative. So, all the professional holders flipped their shares to those silly retail investors based on the most simplistic headline.
Today's volume is a bit higher than average which means most of the move has ended and the professionals have exited slowly through the past 3 days dumping shares programmatically to get a nice average price witout spooking the move up.
I Hope everyone makes money but I think this baby will settle back to its lower prices next week. Squeezed the hype out and from here professionals will look for shorts or puts. Price swings are what the broker/dealers love and this was a huge setup. Next step is to drop. From there it will trade sideways till some news sparks another frenzy which is when broker/dealers make those boatloads of money.
Amusing move, but it's a gain to hold and not give it back by letting it slide or dive back down. Don't be greedy and impatient. Hold of you believe in long-term prospects of this company, but in doing so understand it will slide back down in March.
JMHO. Good luck everyone!