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The world’s largest car sharing and car club service, Zipcar provides wheels when you want them.
Cars are expensive and a nuisance to have in large metropolitan areas. If public transportation meets the needs for city dwellers except for those times when a car is needed I think Zip has hit a sweet spot.
Deals like this should be illegal. Behind closed door acquisitions. What's next, a reverse split?
Market leader, but low demand. May become outperform if demand picks up.
Its stupid..I can rent for less than 20bucks to even ten bucks a day. Why would I pay 70+ per day? Even at 8.75 an hour rental is just too huge plus you only get 180miles with .45cents per mile overage afterwards is worse than renting. Includes Insurance is a big deal only if you use the car to go to work round trip in big city max of two hours and own no other car. However most of us do own a car and our regular insurance on that auto coverage covers us on the rental. This is just a another rental car company calling it self "sharing". All Avis did was buy more fleet under different name and brand.
Too much competition from other providers.
Holiday Season will boost the Company..
I think there are 3 key converging trends which combine to make a very positive rising tide for Zipcar.Electric vehicles (see Tesla's recent announcement of free charging for life?). ZIPs fleet management software can cleverly route which cars need to be charging and which can be available. No gas costs improve their margins big time.Autonomous self-driving Cars. They are on the roads now. http://www.quora.com/Autonomous-Driving/Which-industries-wil... . This is a big deal and will change everything. It is a ways away but who is best positioned to take advantage of this trend when it starts happening? ZIP.Peak Oil. We will still want to use cars (its hard to do grocery shopping with a bicycle) when they cost a fortune and gas is $10 a gallon but we may not want to own them ourselves.
A large number of commenters have said it, so I'll be brief. This is one seriously overvalued stock and overhyped company. Only four cities in the US (Boston, parts of NY, DC, SF) have the density and size to support ZipCar. About two-thirds of their revenue comes from these four markets, and even there, their growth is limited to the densest areas. If they expanded to Canada, only Montreal could support a significant ZipCar presence.The larger hype is that GenY is moving to urban cores and leaving behind the suburbs. There's no evidence for this as a long-term trend. The four aforementioned cities have stagnated at the upper end of the cost of living curve for the last decade+. For more than that decade, the main growth has been in Sunbelt medium and small cities, especially in North Carolina, Florida, and Texas, and future growth is even more likely to take place outside dense, expensive urban cores. GenY is driving less because they're unemployed and living with their parents :(I expect ZIP to continue to decline until it's delisted, bought by a competitor, or go private. It's a wonderful niche service, but nothing more.
Extremely disruptive. Bulldozing its way into the rental car industry AND the retail auto industry. There's massive long-term growth potential here
Higher density cities should make this company attractive to consumers long-term. And they're well situated in existing markets.
I wouldn't be surprised if zip car drips to $5 from it's current $7, but as a city dweller I can see a real benefit. In a few years being a zip car member will be the rich man's bus, the public transit solution without a head ache. Sure the competition from peer to peer car rental will be steep, but I think Zip car can survive long enough to be more profitable.
Five years hence, current rental car companies will be scrambling to catch up.
Once this catches on, and their fleet begins to build up, I believe it will begin making profits.
More ppl are living in cities, not wanting to deal with car maintenance, and don't require cars every day.
Perfect entry point. Oversold!
Good time to get in on it.
Hit overly hard after earnings missed
This company will not be around in three years.
I expect a short term bounce... some optimism should return within a few months. Gotta remember to close this one after that, though.
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