Mike Arnold
Long only, small-cap, tech, growth at reasonable price

Wait For A Better Entry Point On ZipRealty

(Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.)

Executive summary:

  • ZipRealty (NASDAQ:ZIPR) is experiencing softness in the real estate markets it serves.
  • After a brisk 2013 for real estate sales, ZipRealty faces tougher comps.
  • Powered By Zip ("PbZ") remains a small, but growing portion of the business.


ZipRealty ("Zip") didn't have the kind of conference call yesterday that instills the animal spirits in investors. In January 2014, Zip pre-announced its Q4 2013, and indicated that it experienced a slow down in transaction volume year-over-year. In conjunction with the pre-announcement, Zip also indicated...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details