iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,446 Blog Posts

$ANGI is Smoking Hot

ANGIE'S_LIST_FS
Angie Hicks, Co-Founder of Angie’s List

I realize many of you hate Angie’s list. My best guess is that you live in housing tenements, where your super fixes things for free. In the real world, outside of abject poverty, men of industry hire contractors to upgrade their living containers. In my experiences with contractors, I’ve always found them to be nefarious, double talking, the very worst people in the world.

Then Angie changed the game.

I like to think of Angie, whether it’s true or not, as a disgruntled housewife, left alone at home while her husband cavorted with prostitutes having unprotected sex. Upset by her predicament, she decided to spend all of his money on home projects; but became angered by the incompetence of “the help” and then took even more of her husband’s money to start Angie’s list (absolutely no chauvinism involved in this paragraph).

With Angie’s list, you can screen the help and make sure they’re not miscreant vagabonds. I love it and can’t live without it. Well, let me rephrase that: I can certainly “live” without it, per se. However, I’d rather not.

HOW CHEAP IS ANGI?

It’s trading 4x sales, treated like a ZNGA operation for reasons unbeknownst to me. YELP is trading at 25x. Let’s meet YELP halfway and say ANGI is worth 12.5x sales; that means ANGI is worth about $51 per share, give or take a few pesos.

Disclosure: ANGI is a top 5 position of mine.

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20 comments

  1. clegger_2000

    Hold your ANGI shares, lest another makes sex with them…

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  2. kdog

    She’s hot!

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  3. monte burns

    Bravo.

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  4. mr.partridge

    Do you still hold TXTR? I am selling some..
    Take a look at DECK KORS and LULU in this tape boss.

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  5. drummerboy

    goddamn,even mr.ed has a better set of chops than that hillbilly broad.

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  6. yxd0018

    anyone can suggest FLY equivalent for a little bit mid-long term investment in twitter to follow?

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    • Raul3

      I am a little bit mid-long term investment in TWTR. Come on down to the Raul blog and I will tell you all about it.

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  7. snoozemr

    nibbled at some CLMT and some GEO with nice upcoming divies. May try to lowball some pipelines in we move lower towards the close.

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  8. therealhmmm

    I’d prefer contractors to work under armed guard and under the strictest of surveillance. Any stray sawdust not properly swept will be fed to the offender. Any dirt tracked through the house will be enforced by ripping up the tainted hardwood floor and firmly placed through the fucking engine block of the offender’s truck. Use of the toilet at any point during the day is punishable by death. Perhaps a gentrified white shoe banking firm can take this type of service public. Instead of Angie’s List, it’s “Leroy’s Fist.” Leroy’s Fist will assure your contractors are of 5-star quality otherwise we’ll deliver you their head on a pike.

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  9. heckler

    Got my Angie’s List quarterly newsletter pamphlet for the Seattle area the other week! It’s was funny because there were a few pages for obese housewives about how to eat healthy and loose (sic) the pounds but then at the pamphlet’s end Angie was offering people free sweets and treats if the won a raffle or wrote in or something… haha

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  10. tradercaddy

    She has big teeth.
    Kind of like Mr. Ed.
    http://youtu.be/y_PZPpWTRTU

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  11. ripper

    FLY, why are not you still not in GIMO?

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  12. duckkell

    ANGI??..yea..I banged her

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  13. matt_bear

    back to back hammer candles in GOGO. it’s a real fight to defend that gap. Could go either way old chap.

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  14. johnrotten

    Mr. Ed he said

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  15. stones

    A fine day for protecting one’s scrotum

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  16. gatorsun

    ANGI,,,monster strong..extra nice, buying deep in the pit 13s,,i use this service…and like it

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  17. gatorsun

    ARIA…Hat tip if ya caught it…worked real nice..buyout? I think its BS …but the squeeze worked

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