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Mioracle

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  • Angie's List: How Not To Run A Company [View article]
    Yes, SBH (at first glance) looks to be doing tolerably well, you are correct about that. I notice however that they are profitable, unlike ANGI. Also I cannot help noticing that SBH has a very healthy current ratio, unlike ANGI which is, again, a negative number.
    Jul 13 11:23 PM | Likes Like |Link to Comment
  • Angie's List: How Not To Run A Company [View article]
    I would add that the company has net negative equity: Given the long history of losses, its book value is a negative number. I am really at a loss to come up with a company which has done well long term that has a negative book value
    Jul 10 02:54 PM | Likes Like |Link to Comment
  • Angie's List - The Business Model [View article]
    Well, good luck dude. Me, I am short this company because in order to drive increasing penetration of any market the company seems to require a spend that rises right along penetration and revenues. You don't make money that way; correct me if I am wrong, but shouldn't your spend per member decrease as you get increased market penetration? As it stands this company makes no profit, has negative equity and does not seem to have a clearly articulated strategy of when they will be profitable. And don't get me started on the insider selling, which hardly reflects managment's own confidence in the business. Oh, and the fact that this does not seem to be a business with any 'moat' around it, as witness by the proliferation of online reviews and Amazon possibly getting into it.
    Jun 19 09:52 AM | 1 Like Like |Link to Comment
  • 3 Ways To Hedge Against Iraq Uncertainty [View article]
    Liked the article - and your attitude in general - but I would be wary of telling individual investors to short high momentum stocks directly. You can get your financial face ripped off that way. Would you not think that perhaps a better way to short high fliers is to buy put options on them instead?
    Jun 16 12:28 PM | 1 Like Like |Link to Comment
  • Angie's List +8.2% on BofA/Merrill upgrade [View news story]
    I guess it is considered rude or inappropriate that an analyst would bring that up. My thoughts are mentioning that would interefere with his mission to hype the stock (and maybe there is some psychological 'anchoring' behind this, i.e. the ability that people have to ignore data that doesn't fit their preconceived notion) and that Wall street seems to me to be going back to the model it followed a long time ago, even pre-Enron, where everyone knew there were a certain amount of paid 'touts' of a particular company and that those in the know merely ignored them, and shrugged when the credulous would take them at their word.
    Jun 6 10:21 AM | Likes Like |Link to Comment
  • Angie's List +8.2% on BofA/Merrill upgrade [View news story]
    Yeah I wonder what possible reason Mr Oesterle had for pushing his company stock. I am sure it has nothing to so with the (literally) thousands of shares he sells every month.
    Fact is, if he was so confident about the future of this company, why is he not buying at these depressed levels.
    This company - and the crudulous wall street crowd - examplifies everything wrong with wall street today. I remain short
    Jun 6 09:53 AM | 2 Likes Like |Link to Comment
  • Twitter - The Little Yellow Bird Is Getting The Flu [View article]
    I think we can make an analogy here:

    TWTR will probably become like SIRI

    ANGI will be e-toys
    May 7 11:00 AM | 2 Likes Like |Link to Comment
  • Organovo: 3D Liver Tissues, Cash And Revenue Assessment [View article]
    I think you mean Ricardo Montalban, but whatever. Interesting discussion about this stock, Classic high risk/high reward situation
    Mar 11 10:18 AM | 1 Like Like |Link to Comment
  • Angie's List Struggles, More Woes Ahead [View article]
    You seem more sanguine about the 'pump-and-dump' aspects of this company that are currently riling up some of us. I'd take your conclusion one step further: This company should never have gone public in the first place. Oh right, except for the fact that they needed to get money from credulous and willing wall street public
    Mar 3 12:45 PM | 2 Likes Like |Link to Comment
  • Angie's List Is Melting Down To $0 [View article]
    I can't forget this. This little nugget is what caused me to short last year:
    <P class=double> </...http://bit.ly/1jBCOnh
    <P class=double> </... doing the happy dance again
    Feb 13 10:20 AM | Likes Like |Link to Comment
  • Are We Turning Japanese? [View article]
    I didn't say it was 'destined to fail' and neither did the author of the piece. What we did say was that it is a cumbersome and expensive way to do health care reform. It is. As are most conservative ideas, which this one is.
    Progressive democrats did everything they could to get it passed because it was the best we could do under the circumstance; the alternative being no reform at all, which leads to the deaths of thousands of people annually and bankruptcy for thousands more. Just to let you in on a little secret, many progressives are and were unhappy with the law as written. . .see comments above.
    The whole point with single payer is that businesses are not shouldering the cost of insuring their employees. The government is, and that means all of us are ultimately paying for it. This has plusses and minuses, and obviously many implications, but the point being that businesses would not have anything more to do with financing healthcare than they have to do with medicare. So single payer would be a way to sever health care coverage from employers. There are other ways (British NHS, universal mandate etc) but no more likely to win political passage than single payer would
    Feb 12 01:26 PM | Likes Like |Link to Comment
  • Are We Turning Japanese? [View article]
    " Health care reform was - and is - necessary but contrary to the way it was sold, it isn't free and the structure of Obamacare made it more expensive than it needed to be"

    Well of course it was, because it is a conservative idea. The structure of the ACA was laid down in the Heritage report in 1989; it keeps the very inefficient structure of private for-profit insurance in place; it basically buys off the medical suppliers and allows pharmaceutical firms to insist on name brand products; and of course nobody here needs reminding of a certain Massachusetts Republican who put this into place.

    Perhaps we can argue single payer and completely sever health care coverage from employment. Maybe that would help
    Feb 10 09:54 AM | Likes Like |Link to Comment
  • Dumb Investment Of The Week: Public Non-Traded REITs [View article]
    I remeber getting cold-called by someone with an offer for a non-traded oil parnership. It smelt quite fishy, so I declined. Glad I did
    Jan 20 05:09 PM | 1 Like Like |Link to Comment
  • The Future Of Research In Motion [View article]
    Nice article, thanks. I was a foolish holder, but at least refrained from buying more just because of this buyout business. I must say it does sound like sooner or later an acquisition is going to happn, just maybe not at $9/share
    Nov 5 09:10 AM | 3 Likes Like |Link to Comment
  • Angie's List Management Discusses Q3 2013 Results - Earnings Call Transcript [View article]
    They 'haven't seen any direct competitive pressure'????

    What the hell do they think Yelp is doing!!

    Unreal
    Oct 23 11:06 PM | Likes Like |Link to Comment
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