Posted on 11/29/2013 9:16:19 AM PST by publius321
"Having been early to the party of Angie's List (ANGI) short sellers, I would be remiss not to update readers to the fact that I changed my outlook for the company.
In my columns spanning over the course of a year, my issues with Angie's List were not so much with its business model but with the valuation. I did not believe their subscription model would justify the market cap. Most consumers prefer FREE and the number of those who would pay an ongoing annual subscription of $50 is naturally far less than the 80 million visitors a month who visit Yelp for example.
As I elucidated in my prior columns on Angie's therefore, I did not feel the market cap of $1.6 billion reflected the prospects of a company with a couple million subscribers. I did however maintain that I thought Angie's would continue to remain a viable niche business (with a much lower market cap).
What has changed enough to make me go long?" (continued)
(Excerpt) Read more at seekingalpha.com ...
Interesting...interesting.
Thank you. What is also interesting is your tag line. “Obama lies... granny dies.”
So true. That’s his agenda for sure. 50 million butchered babies is just a start for this guy. Like Lucifer, his emissary obama is here to ill and destroy.
I gave Angie’s List a try. There were so many hurdles to actually getting the review accepted, I gave up. They SURE wanted me to re-up. No thanks.
Question:
Are you Scott Ryan?
Or are you Scott Ryan Anderson?
Insider Selling At Yelp Is A Non-Issue
http://seekingalpha.com/article/1715372-insider-selling-at-yelp-is-a-non-issue?source=cnbc ^ | Scott Ryan Anderson
Did you get married to someone named Anderson and then divorce him?
One other thing:
Does it hurt as much to hyphenate yourself as it does to “elucidate?”
If access is free, it will be easy for the employees of a restaurant (for example) to pretend to be customers and rave about it in reviews, and just as easy for competitors to pretend the same and bad-mouth it.
Care to summarize the second half of the article since reading that part requires a subscription?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.