Stock Market (27 Viewers)

lgorTudor

Senior Member
Jan 15, 2015
32,951
So they inflated the prices on paper to pump their own bags and went almost bankrupt doing it? Glorious :rofl:

What now? This big enough to be trigger for a housing correction?

AFL get in position

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Zillow fvcked up Bc of their own algorithm. R.I.P. to their head of Tech and product

I would love to buy assets on the cheap from them as they frantically scramble to offload from their balance sheet
Tuzboro, Alabama

LFG
 
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OP
AFL_ITALIA

AFL_ITALIA

MAGISTERIAL
Jun 17, 2011
31,834
  • Thread Starter
  • Thread Starter #904
    Readying my finger over the "sell" button as we speak. I hope they fucking burn with the rest of them :tuttosport:

    But it was only a few thousand houses :sigh:

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    Found out of to view their units. In the section where you refine your search results, click "More" and then there's a checkbox at the bottom for "Zillow Owned" homes. They're only in some cities, of which New York isn't one of them.
     
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    DutchJuventino

    Senior Member
    Apr 9, 2015
    3,936
    Zillow :lol:

    Qualcomm, DNN, Discovery :tuttosport:

    Value play: Discovery, I bought it 2 days ago for 2 dollars less but next year they will merge with Warner Bros (AT&T). Discovery is way undervalued since it tanked a lot last few months. HBO goes worldwide as streamingplatform after the merge and they've all Warner Bros content. Both companies has good reveneus. Discovery got 3 million new subscribers in last quarter. Missed earnings tho, but still green after their report.

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    Backt at 2 again, maybe I will sell a small amount. Almost doubled.
     
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    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,326
    So they inflated the prices on paper to pump their own bags and went almost bankrupt doing it? Glorious :rofl:

    What now? This big enough to be trigger for a housing correction?

    AFL get in position

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    Tuzboro, Alabama

    LFG
    Probably not enough to spark a major correction right now. But I did find it interesting the dude in the video said much higher rates in the near future. Others have said this though, but he seems to be pretty connected in the mortgage industry. So if we have rising rates, people will be less inclined to buy houses, and then also less inclined to flip houses, so it's possible this could send things lower.

    All I want is to buy a property somewhere warm on the cheap as an escape from the horrible mid-Atlantic winters.

    Tuzboro, AL? I bet if we all combined our assets we could buy some town down there and totally make it a haven.
     
    OP
    AFL_ITALIA

    AFL_ITALIA

    MAGISTERIAL
    Jun 17, 2011
    31,834
  • Thread Starter
  • Thread Starter #908
    Zillow :lol:

    Qualcomm, DNN, Discovery :tuttosport:

    Value play: Discovery, I bought it 2 days ago for 2 dollars less but next year they will merge with Warner Bros (AT&T). Discovery is way undervalued since it tanked a lot last few months. HBO goes worldwide as streamingplatform after the merge and they've all Warner Bros content. Both companies has good reveneus. Discovery got 3 million new subscribers in last quarter. Missed earnings tho, but still green after their report.

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    Backt at 2 again, maybe I will sell a small amount. Almost doubled.
    I'm already in on Viacom which crashed for the same reason, both have been doing badly over the last few months unfortunately.

    Everytime DNN gets mentioned it declines :lol:. I'm going to hold still. If the hypothesis turns out to be correct, then this should really hit within two or three years I would assume, but you hold double what I do so makes sense.
     

    Tak!

    Senior Member
    Jun 23, 2011
    4,180
    What?! Insane. What happened? Are they going bankrupt? Never heard of the company before

    Sent from my Samsung via Tapatalk
     

    campionesidd

    Senior Member
    Mar 16, 2013
    16,907
    What’s your guys investment philosophy?
    I consider myself a value investor, but I’m still a novice when it comes to technically analyzing the value of different stocks, it’s a very qualitative analysis for me at the moment.
    Also, it’s not very easy to find good value stocks in this uber bull market.
    However, just like @DutchJuventino I did recently buy some Discovery stocks, because the upside is too big to ignore.
     

    Bjerknes

    "Top Economist"
    Mar 16, 2004
    116,326

    Either their processes are completely broken or that’s one hell of a top signal.

    I was at a very nice local bar on Friday and met a lady well connected in the mortgage businesses. She said shit is about to hit the fan. One local bank apparently has 200 properties where owners are delinquent and they’re sending foreclosure notices. Just one bank in one county.
     
    OP
    AFL_ITALIA

    AFL_ITALIA

    MAGISTERIAL
    Jun 17, 2011
    31,834
  • Thread Starter
  • Thread Starter #920
    Either their processes are completely broken or that’s one hell of a top signal.

    I was at a very nice local bar on Friday and met a lady well connected in the mortgage businesses. She said shit is about to hit the fan. One local bank apparently has 200 properties where owners are delinquent and they’re sending foreclosure notices. Just one bank in one county.
    Is this a county that is particularly economically reliant on one or two industries? Might be a regional thing.

    I swear I will sell every stock, liquidate every fund, cash every bond and put in a down payment on something the very second there is a crash. @lgorTudor prepare yourself brother, the reckoning is almost upon us inshallah.

    Already the vultures circle, fuck them.
    https://www.wsj.com/amp/articles/single-family-rental-firms-eye-zillows-housing-stock-11636134368

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    https://www.theguardian.com/business/2021/nov/04/zillow-homes-buying-selling-flip-flop
     
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