Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: DaveMcC3300 One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 34  
Subject: Re: New CEO, comments on earnings Date: 6/20/2007 1:26 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Har1en,

Apologies for getting you into this stock. The housing bust is killing us. I bought at $7.48, so I've made zip so far. But housing recovery puts ZIPR right at the front of the market.

I was also surprised that Richard Sommer was kicked out, but, if he was shifting the model, I'm glad he's gone.

The increase in agents is a GOOD THING !! Realtors are hurting worse than the homebuilders. Some of them will find something else to do for a living; others will go for better job security. Those that are good will be accepted by ZipRealty as it grows. Remember, this is basically a start-up business.

Though I would like to have been making some money through stock appreciation at this point, I'm still hanging in there. I don't see much opportunity to pick up shares at a better price. But I've been wrong before. I too would buy more if the share price crashes. It's been so resilient during a terrible house buying/selling market that I doubt we will have a chance.

There isn't any of the others in this sector that I would touch. ZipRealty is the best!

Dave McC
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement