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Trulia IPO Discussion

By zzyzzx   Follow   Fri, 21 Sep 2012, 7:21am   1,398 views   19 comments
In Baltimore MD 21230   Watch (0)   Share   Quote   Permalink   Like   Dislike (2)  

http://finance.yahoo.com/blogs/breakout/trulia-shares-soar-over-40-ipo-shines-light-174029177.html

Trulia Shares Soar Over 40%

Trulia Inc. (TRLA), the first initial public offering in over a month, is making quite a debut after opening higher by 30% on the New York Stock Exchange this morning. Shares of the online real estate listing company opened at $22.10 after pricing at $17 a piece last night; above the targeted range of $14 - $16. In IPO filings the company reported a loss of $7.6 million on revenue of $29 million in the first half of the year.

Though they're not turning a profit yet, user growth and the number of visitors and subscribers remain promising and today's over 40% rise underscores that sentiment. Not only is this an upbeat sign for the IPO market, it could mark improved confidence in the real estate market.

"I think a lot of it is Bernanke pushing out rates all the way to 2015," says Jon Najarian, co-founder of TradeMonster.com, in the attached video. But, he adds, there is real demand for housing for those who can secure mortgages.

New York Stock Exchange this morning. Shares of the online real estate listing company opened at $22.10 after pricing at $17 a piece last night; above the targeted range of $14 - $16. In IPO filings the company reported a loss of $7.6 million on revenue of $29 million in the first half of the year. Though they're not turning a profit yet, user growth and the number of visitors and subscribers remain promising and today's over 40% rise underscores that sentiment. Not only is this an upbeat sign for the IPO market, it could mark improved confidence in the...

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1. zzyzzx Follow Befriend (9) 414 threads 4,123 comments Baltimore, MD

   1   7:22am Fri 21 Sep 2012   Share   Quote   Permalink   Like   Dislike (2)   Seems to me that Yahoo was turning an article that should have been about an IPO into more cheer-leading about how one has to buy now or be priced out forever, etc. Commentary on article site is pretty good too.

2. thunderlips11 Follow Befriend (13) 51 threads 2,632 comments Premium

   2   11:10am Fri 21 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   Yeah, what is with these .bombs? Trulia can't make enough (uh, any) profit to compensate the VCs, so they want to dump shares on the dumb public and make money that way instead.

3. zzyzzx Follow Befriend (9) 414 threads 4,123 comments Baltimore, MD

   3   11:57am Fri 21 Sep 2012   Share   Quote   Permalink   Like   Dislike (1)   OK, so you are thinking that the smart thing to do would be to short Trulia stock?

4. bmwman91 Follow Befriend (7) 37 threads 1,526 comments Mountain View, CA bmwman91's website Premium

   4   1:45pm Fri 21 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   I love how "stock price soars 40%" and "hasn't turned a profit yet" are practically in the same sentence. Remember folks, it is INVESTING, not GAMBLING! Riiiiiiiight...........

5. freak80 Follow Befriend (4) 52 threads 4,416 comments Corning, NY Premium

   5   1:48pm Fri 21 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   bmwman91 says I love how "stock price soars 40%" and "hasn't turned a profit yet" are practically in the same sentence. Only in America. ;-)

6. E-man Follow Befriend (31) 34 threads 2,545 comments San Jose, CA Premium

   6   9:53pm Fri 21 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   Just based on the above info and without looking at Trulia's balance sheet, it sounds like the stock is over-valued. I'd be a seller.

7. 37108605 Follow Befriend 1 threads 1,055 comments

   7   7:38am Sat 22 Sep 2012   Share   Quote   Permalink   Like   Dislike   E-man says Just based on the above info and without looking at Trulia's balance sheet, it sounds like the stock is over-valued. I'd be a seller. Learn from your victory. Prosper from your failure. LMFAO

8. E-man Follow Befriend (31) 34 threads 2,545 comments San Jose, CA Premium

   8   12:11pm Sat 22 Sep 2012   Share   Quote   Permalink   Like   Dislike   Protected   Reader says E-man says Just based on the above info and without looking at Trulia's balance sheet, it sounds like the stock is over-valued. I'd be a seller. Learn from your victory. Prosper from your failure. LMFO Reader What is LMFO?

9. zzyzzx Follow Befriend (9) 414 threads 4,123 comments Baltimore, MD

   9   7:14am Mon 24 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike (2)   Probably really meas LMFAO, and not the band.

10. thunderlips11 Follow Befriend (13) 51 threads 2,632 comments Premium

    10   9:06am Mon 24 Sep 2012   Share   Quote   Permalink   Like   Dislike   Protected   zzyzzx says OK, so you are thinking that the smart thing to do would be to short Trulia stock? If the homeowner isn't insulted by your offer...you didn't bid low enough!!! I'd short this sucker like it ain't no thing. Maybe I'll get off my ass and buy an $18 put for Nov/Dec expiry.

11. E-man Follow Befriend (31) 34 threads 2,545 comments San Jose, CA Premium

    11   9:22am Mon 24 Sep 2012   Share   Quote   Permalink   Like   Dislike   Protected   I'd short it too, but my Wellstrade account doesn't allow me to do it. :(

12. FortWayne Follow Befriend (13) 102 threads 3,762 comments

    12   9:53am Tue 25 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike   I thought their competitor was Redfin, not Zillow. I don't believe in Trulia stock, their product is mediocre among it's competition. Someone on that article made a great comment comparing their stock to FB. Same scenario... no money made... and speculation is through the roof.

13. Goran_K Follow Befriend (4) 25 threads 1,517 comments Laguna Beach, CA Premium

    13   9:59am Tue 25 Sep 2012   Share   Quote   Permalink   Like (2)   Dislike   Protected   $22 a share for a company that doesn't produce anything, or has yet to prove it can make money? Sounds like the NEW modern economic model.

14. FortWayne Follow Befriend (13) 102 threads 3,762 comments

    14   1:58pm Tue 25 Sep 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   thunderlips11 says zzyzzx says OK, so you are thinking that the smart thing to do would be to short Trulia stock? If the homeowner isn't insulted by your offer...you didn't bid low enough!!! I'd short this sucker like it ain't no thing. Maybe I'll get off my ass and buy an $18 put for Nov/Dec expiry. Homo Economicus. A Legendary Creature, like Bigfoot, claimed to exist by Pseudoscientists. By December they won't have any users on the site, real estate market practically shuts down for a few weeks during the holidays.

15. FortWayne Follow Befriend (13) 102 threads 3,762 comments

    15   1:38pm Mon 1 Oct 2012   Share   Quote   Permalink   Like   Dislike (1)   Is Redfin public?

16. 37108605 Follow Befriend 1 threads 1,055 comments

    16   7:59am Tue 2 Oct 2012   Share   Quote   Permalink   Like   Dislike   E-man says Reader says E-man says Just based on the above info and without looking at Trulia's balance sheet, it sounds like the stock is over-valued. I'd be a seller. Learn from your victory. Prosper from your failure. LMFO Reader What is LMFO? Learn from your victory. Prosper from your failure. I corrected the shorthand for strong laugh ...LMFAO laughing my freaking arse off

17. 37108605 Follow Befriend 1 threads 1,055 comments

    17   8:00am Tue 2 Oct 2012   Share   Quote   Permalink   Like   Dislike   zzyzzx says Probably really meas LMFAO, and not the band. If the homeowner isn't insulted by your offer...you didn't bid low enough!!! Yes, this thread had me laughing so hard I missed a letter. Thanks.

18. Facebooksux Follow Befriend (3) 2 threads 224 comments Mountain View, CA

    18   10:21pm Thu 4 Oct 2012   Share   Quote   Permalink   Like   Dislike   Get ready for more POS stocks to tank tomorrow. Zynga just slashed its outlook. Facebook is gonna start to take a dive too. Once LinkedShit tanks too, I think bay area house prices will fall back in line with reality.

19. everything Follow Befriend (2) 3 threads 546 comments Madison, WI

    19   3:09pm Fri 5 Oct 2012   Share   Quote   Permalink   Like   Dislike   Should be apparent that we are looking at a tech stock market crash someday, except it should be worse than the last one because of intrinsic value, where is it? I don't see any meat to companies that are simply advertisers, or like HP they put these women in CEO role, some of these successful rich women of today, the only thing they've ever had to do for themselves is wipe their own ass, nothing tangible at some of these firms, reminds me of the old newspapers, and snake oil salesmen. Service industries, buy something from China, put it into a different box, or re-color it, and re-market it, etc. Measuring consumerism, I see the stupidity factor increasing.