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April 2011

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Is Zipcar worth Zip?

April 15, 2011 – Comments (3) | RELATED TICKERS: ZIP.DL2

Zipcar is a company that provides on-demand car use that just went public. While it is an interesting idea, I think it is a bad stock to buy. Why? They have had an operating loss every year that they have been in business. They have high fixed costs and are hoping that business will ramp up enough to make a profit. A business plan that includes hope makes me nervous.  [more]

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