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Russell 2000 Futures
Zillow Group, Inc. (ZG)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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At close: 04:00PM EDT
5,524 reactions on $ZG conversation
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As an investor on the stock market for 2years without major gains, I've come of the conclusion that I lack trading ideas. I don't know maybe it's the less amount of time I put into studying but I'm tired of doing this in my own. I'm gonna need some recommendations of a good broker to invest with.
$27 is coming soon.
I'd say this company is in some pretty big trouble. Half their business model is in the early phases of evaporating. I just hope it doesn't evaporate too fast. Stay above 25 till July expiry, then it can go as low as it wants. This little bear bounce we are having could last through this coming week. So just because the price may continue climbing for another week does not mean that Zillow is safe. I think that will just cause more shorts to get piled on, including more of my own. I believe in the business. I just believe that the business is about to get absolutely crushed by the macro issues starting to flow through.
today we'll rocket 🚀 past $30 ! :) !!!!! ------- then later in the week plunge to $25 :(
i will be taking a huge position in Zillow in August when it hits $14
Below $27 for sure , what is the bottom you think ?
the market is not done selling off and there has been no ViX at $40 capitulation yet... when that happens this drops to the the teens.. probably $15... that's when buying is maybe a good idea....
Never thought I would ever see this trading this low. Wow!
Just saw Z published on the daily alert watchlist at (
7+ percent 30 yr mortgages on deck after the Fed lifts 75bps.
Remember all those people saying they were loading the boat up at $45 cause it was such a bargain? Now those underwater bag holders need this to go up 55% just to get back to even. News flash. Nothing in this market, especially an unprofitable over leveraged real estate company is going up 55%.
In two weeks this will be in the teens.
Up 22% the last few days, where’s the clown brigade of haters at? This will run back up to 100 over time .
The next 2 years is dismal! Short sales will be coming!!
Sales of existing homes in May fell 3.4% to a seasonally adjusted annualized rate of 5.41 million units, according to the National Association of Realtors.
Sales were 8.6% lower than in May 2021. April’s sales were revised slightly lower as well.
This is the weakest reading since June 2020, which was during the early months of the pandemic. Adjusting for that, it is the lowest since January 2020.
This reading is based on closings during the month, therefore representing contracts likely signed in March and April. During that time the average rate on the 30-year fixed mortgage rose from right around 4% to 5.5%. It is currently right around 6%, according to Mortgage News Daily. Rising rates, along with rapid home price appreciation and continued low supply, have given affordability a triple punch.
“I do anticipate a further decline in home sales,” said Lawrence Yun, chief economist at the National Association of Realtors. “The impact of higher mortgage rates are not yet fully reflected in the data.”
Real estate job cuts: Redfin and Compass announce layoffs
the new trend is build to rent ...so the common citizenry can be renters and remain poor forever ..
A 16 year old company tht has been a publicly traded company for 11 years and the P/E doesn't exist.. that's all you need to know......
Only the Beginning: 25% drop on the way:
Sales of luxury U.S. homes fell 17.8% year over year during the three months ending April 30, the largest drop since the onset of the coronavirus pandemic sent shockwaves through the housing market. By comparison, sales of non luxury homes fell 5.4%.
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