Just a few weeks ago we were sitting at $16 and about 3 weeks before that we were $24-25. The stock is going to be volatile. Overall it looks really promising though. Good auto sales numbers and the brand is starting to become a household name. I was driving to work and I heard a radio ad from TrueCar saying last quarter they sold 126,000 truecar deals. I was watching CBS Sports and they had multiple TrueCar commercials.
My guess is earnings will be negative towards break even, but sales is going to be really strong.
I think we have a catalyst coming in 2015. We are going to get a credit upgrade. Plus we still have years of strong revenue growth and earnings growth.
Got to be patient. This stock is boring me to death, but it will pay off in the long run.
The stuff that gets posted is almost embarrassing. Not worth more than $9 bucks....LOL! That would be a dividend yield of 14%. I realize that he is probably short, but at least post something that is somewhat realistic.
The original post smells like a over-leveraged short.
The commercial said last quarter they had over 126,000 TrueCar deals. If so that is very, very impressive number for 1 quarter alone. I tsounds like we are slowing growing market share vs those that want to haggle with sales people.
Hopefully we become a brand like those that want to buy random items go to Amazon. Those that want to buy a car will go to TrueCar.
I don't think much is included in NCR's stock price. We are way undervalued. We probably get a $3-5 jump alone on the credit rating bump that we will get in 2015.
The market cap on True is only like $1.3 billion and there is going to be a lot of fluctuations. The company in the long run will continue to get bigger and bigger and the tech costs are somewhat fixed. I'm very confident in my TRUE purchase even though my average purchase is at $19.90 with nearly a $100K investment. In the long run we are fine. Some of you guys are giving yourself and ulcer! Just chill out and let this play out in the long run. Way too many day traders in this stock! Hold this stock for 3-5 years and you will be rewarded big time! I bet we have a least a $5 billion dollar market cap in 5 years.
Although my position in TrueCar is now down, my overall view on the company is higher than ever. This stock is going to be volatile. I know own near $100K of the stock and going to sit back and watch the show. Might take a while but I'm not selling less than $30.
already own around 5,000 shares. Now it is just the waiting game. The future is bright although volatility will be high in TRUE. Market Cap is only $1.3 Billion so it doesn't take much to push around this stock. Insiders have been buying like crazy so that is a really good sign. Earnings estimates continue to be pushed higher too.
We have a lot of profits coming to us over the next 5-7 years folks. I'm loaded up and ready.
Just when I thought I heard it all. I wouldn't doubt Hillary will love money jammed down her nasty vag, but this is a bit ridiculous.
Just curious what our market share is today
I doubt they will scale back at all on advertising, but you can quickly scale as your revenue increases. Much of the technology costs becomes somewhat fixed. They are already expecting a break even quarter right now, so yes profitability is coming soon.
Ameritrade's CEO sure dropped a little hint that is for sure in their conference call. I can see them bidding on Etrade.
is it possible to be more annoying? You post pure nonsense all day.
In two years that $23.77 might seem dirt cheap. The stock can climb quickly and just look at the 6 month stock chart. Be patient. This is a growth story in the 3rd inning.