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[rogthepodge] 16/5/2017 19:44

lampran15 May '17 - 15:27 - 637 of 639 0 0
This has to be seriously overvalued now. These guys are scam artists, watch this house of cards fall. It's a matter of time.

They have no USP other than money and a head start.

' House of cards ' very clever

so short it then lampran! put your money where your mouth, and great wit are

LOL

[pediment] 16/5/2017 18:40

I've been waiting two weeks for this to dry up and confirm a double top. I think it's going now although the formation isn't technically confirmed.

Volume has dropped off and the sanity clause is about to be invoked.

GLA

[andy] 16/5/2017 09:53

lampran,

Well first mover advantage is often advantageous, see Amazon and MSFT!

The price here looks way overdone, but the market can remain irrational for longer than we can stay solvent, as the old adage goes.

I am still thinking about the downturn in the property market that I expect to occur, and whether this would be beneficial to PB or not?

Their model is pay up front, whereas the traditional guy gets paid upon results, I.E when a sale is achieved and money handed over.

I wonder whether this might go against PB, when some people are asset rich and cash poor? Speculators for sure will use the traditional guys, as they don't have to pay unless it sells, and they can test the market that way.

[lampran] 15/5/2017 15:27

This has to be seriously overvalued now. These guys are scam artists, watch this house of cards fall. It's a matter of time.

They have no USP other than money and a head start.

[andy] 15/5/2017 14:20

Still can't make its mind uo re the potential double top.

Every time I think it's going up further it rolls over, watching with interest form a technical perspective.

Another house near me has a PB sign outside now, that's three in total I have seen.

[bamboo2] 12/5/2017 17:15

PB doing well in our area. [South Coast] Lots of sold signs.

[lydnem] 12/5/2017 17:12

The albatross has landed!

[rogthepodge] 12/5/2017 16:45

I apologise for my troll, Lydnem

he's nothing better to do

[pediment] 12/5/2017 15:41

I was being a bit conservative, should have seen the signs at 370, Friday pm always hesitant as a day trader really.

Like the bird comment. LOL

[lydnem] 12/5/2017 14:40

There is a much stronger signal of being overbought. Numb nuts is a holder. Thats like an albatross for any company!

[pediment] 12/5/2017 12:31

NOT quite ready lol

[pediment] 12/5/2017 12:30

Williams, Stoch and RSI all now indicationg overbought, resistance at 372.00 yet I'm still quite ready to go short on this. This is stillbeing driven by PIs, 1Bn valuation though!

[andy] 12/5/2017 11:06

NY Boy,

Well the market seems to be turning down before a rate increase, and any such increase would only exacerbate it. I suspect the USA will have to reverse their recent increases if their economy continues to weaken.

Agents, like market makers, make in a bull or bear property market of course, although they suffer in the turn as the sticky patch between when people refuse to accept a offer lower than what they would previously have received, and reality setting in can take a while.

[ny boy] 12/5/2017 10:13

The breakout is quiet impressive, dip buyers came in force. Not in these as in FOXT, still concerned about the 1B valuation, too rich for me but GL, as soon as they start raising rates, it's a short here.

[andy] 12/5/2017 10:10

pete,

Yes double top taken out, and the market cap is now over £1 billion!

I have expected property prices to fall for at least a couple of years now, and finally there are signs that may be starting.

If a property price fall occurs, will it benefit a low cost provider like PB, as people look to minimise costs?

I think it might, the bit I like is the upfront fee which prevents timewasters, and I wonder whether other agents may change to a similar practice? I suspect some might, as British Airways has introduced some aspects first used by budget airlines.

It's really annoying to view and like a house, put in a bid, and then learn it has been withdrawn from the market, and the agent tell you they were just testing the water.

It may work against them if people are short of cash though, preferring to pay up once the sale is completed.

I think the current cap looks way too high, but US based companies such as Amazon, Tesla, and Twitter also enjoy high valuations, so first mover advantage clearly counts for something.

[lydnem] 12/5/2017 10:09

im not short either, but its looking ripe to me

[cheshire pete] 12/5/2017 09:34

Up another 6% today. Glad I'm not short in these.....ouch!

[lydnem] 12/5/2017 09:08

Do you have A levels in being stupid, numb nuts?

[rogthepodge] 11/5/2017 17:06

good luck with your shorts 'Andy' and Lydem

LOL

[lydnem] 11/5/2017 08:06

Andy

Its because numb nuts is obsessed

He looked for someone to blame his massive losses on for qpp and then in his head believes theyre all the same person. He needs help, but is good cannon fodder at the moment.....still

[andy] 11/5/2017 06:58

'rogthepodge'

I may well do, I think the valuation looks very stretched here, but am watching the chart to see if it double tops first.

If I'm either Tom, or "up his posterior", how come I disagree with some of his picks?

[rogthepodge] 11/5/2017 00:11

so short Rightmove too then Lydnem

good luck!

LOL

[pediment] 10/5/2017 17:15

hxxps://invst.ly/3xhpy

Correction coming