3 Short Sells with Huge Profit Potential

These stocks to short have nothing going for them

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3 Short Sells with Huge Profit Potential

Angie’s List, Inc. (ANGI)

Angies List 185 3 Short Sells with Huge Profit PotentialAngie’s List, Inc. (ANGI) lands on our list of stocks to short because it just isn’t anything special.

Angie’s List doesn’t solve a problem. It’s basically Yelp (YELP) for professional services, except you have to pay for access. I don’t see the sustainable model, here.

ANGI consistently loses money and was cash flow negative up until last year, when it just barely made a blip on the positive side. Even at $11.64, it trades with an infinite P/E — because there are no earnings. I don’t see how ANGI stock goes anywhere, and I would call it a stock to short with a target of $5.

As of this writing, Lawrence Meyers did not hold a position in any of the aforementioned securities. He is president of Asymmetrical Media Strategies, a crisis PR firm, and PDL Broker, Inc., which brokers financing, strategic investments and distressed asset purchases between private equity firms and businesses. He also has written two books and blogs about public policy, journalistic integrity, popular culture, and world affairs. Contact him at pdlcapital66@gmail.com and follow his tweets at @ichabodscranium.

 


Article printed from InvestorPlace Media, http://investorplace.com/2014/06/stocks-to-short-soda-frsh-angi/.

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