What is the barrier to entry? HUGE! They already have in place over 10,000 dealers in the TrueCar network. These dealers pay fees just to be in the network. They are the only "Brand" of buying cars via internet direct access which you can assemble your own car and get a better deal than 95% of the public that walks into a dealer.
Biggest barrier to entry to really compete with TrueCar- They are building integrations with banks, AAA, USAA, and corporations for car purchases. You can build these integrations overnight and costs multi-millions to implement.
Lastly - We are just in the 1st inning. People are just starting to know the brand. As these people get hit with commercials it will slowly lead to more market share which is growing every single year. I will never sit in a dealership for 5 hours again. I will build my car exactly how I want it and not overpay. Simple as that. The dealership wins because they legit customers, reduced required inventory, and eventually cost overhead costs with reduced sales staff. Sorry sales guys though.
If you're going to troll, put a more realistic number. Analysts feel the value is $23 and higher, FYI. Good luck with your $.75 lol
Another positive tonight
Here comes at the news...plus thestreet with a positive article out.
They can purchase, but they have to file the SEC forms. That information wouldn't be made public for a least a few days, but they can buy today.
hint, hint, management!
thanks! I did read that Motley fool article and it was spot on. The company will continue to scale over the next few years. Revenue will continue to explode and costs will remain "somewhat" fixed. They are continuing to integrate with various partners like AAA , Suntrust, USAA, etc that get access to big pool of potential clients. The integration is hitting all the way into regular corporations that offer employee perks. My company has integrated TrueCar into the employee perks program.
The numbers like fine to me, not blowing out the numbers like I hoped. I don't see what would cause a large drop today especially with news of the AAA partnership and even more access to potential users. My work started a perks website and it integrates TrueCar for car purchases. If this is happening across multiple large corporations it will start to hit the bottom line in the next few years.
The integration with various partners and TrueCar brand will set this apart from any competitors that try to enter this space.
Glass is half full huh? It would be really nice if we can at least close over $19, but that is probably asking for a lot today.
I went in AH last night and bought a large block at $19.90 and another big block today at $17.96. I don't get the huge move down with inline revenue numbers and an earnings beat. I was disappointed a bit they didn't hit the revenue closer to the $60 million range, but it like the cash flow positive part that has started in 2015. I can't imagine would have happened with a revenue and earnings miss.
I crushed DIS options a few months ago and TRUE is single handily taking almost all of my profits back. Holding near $250K worth of TRUE which isn't a good thing today.
They are cash flow positive in 2015
That market cap is tough to swallow though. Unless they really figure out the content side, I don't see it holding these levels. Love the company and products though
Amba gets 35% of revenue from GoPro but enough other areas to offset GoPro specific risk. No long term debt and growth in the 40% range.
today probably not. Looks like it s flattening out around $52.50-53 which is fine with me. If we can get to $54-$55 by Friday close that would be a good sign it was a bogus drop.
If they disappoint it would be on the earnings side with a major increase of ad spending. Revenue is going to beat. No question...
Lol....not much more high end than me. I own 3 houses and only 1 mortgage. Nice try though.