If you are looking for a discount, look elsewhere; Zulily's (NASDAQ:ZU) current stock valuation doesn't come with a flash sale deal price.
The recent move by Zulily (ZU) stock is the most 1999 like stuff I have seen since… well 1999… One can argue that there has been quite a bit been of frothiness and excess - or let's call it enthusiasm - in the past 2 years in the market, from 3D printing to electric cars and social web, but this is on another level.
Let me detail my view.
When it first came public, I was kind of surprised that they managed to achieve the valuation they did given the economics of the business
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