iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
3,779 Blog Posts

This Angel is Posed To Give Shorts “The Shocker”

Keep an eye on Angie’s List this week as it flags near this key level. I love this ancillary housing play with a splash of social web experience. I like their recurring income stream via subscriber service and their disruption of the contractor game. Much like hotels cringe at the thought of a bad TRIP review, contractors must do the same. These companies are the real deal and ANGI shrugged off the downdraft in FB post earnings.

There are several talking points that keep me bullish on this name, but the core reason I’m long is this sexy little chart:

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6 comments

  1. drummerboy

    you honestly believe that angi puts the kibosh on contractors. roflmfao. a 500 picture portfolio of any trades persons’ works will do more than any angi review. by any unwashed.

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    • Raul3

      Totally agree. 100 pic portfolios FTW. I still think ANGI has a good business model.

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    • Raul3

      As always dummerboy, I like that chart MOST.

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      • drummerboy

        nice cup.but dont let a failed handle make you think it’s consolidation. one can almost say that that is a good thing,(consolidation) but the handle failed.

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        • Raul3

          Excellent observation db. What has my attention is the lack of rejection from the sellers. Instead we’re hanging out up here, and the moving averages are catching up. If I see a nice probe get smacked down, that would be my cue the sellers mean business. Or a nasty breakdown, that too.

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  2. drummerboy

    just dont be too early.they will have a good next two Q’s.after easter,all hell breaks loose.price of materials are going crazy.it will be interesting to see this summers’ build/renovation work bids.

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