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Fool UK
Recs
Overvalued.. Absolutely NO value proposition offered here. What can Angie's list offer over the first google hit you'll get from typing "product/service review". As amazon and google's databases get even more dense from customer reviewed items, Angie is more likely to die.
This is still in what I call the "honeymoon" phase of the IPO process, when dumb and/or unethical brokers can generate commissions from it. A year or 2 ago I posted some blog entries on the idea. My score would be a lot higher than it is now if I hadn't lost sight of what I learned from studying the subject.
I'm back on the right track now, and my score has been rising for months even if it is still much lower than it once was.
There has been some insider selling recently,and I expect it to continue.