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Zaio fix is already in.

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Kevin Mc

Thread Starter
Elite Member
Joined
Jun 7, 2004
Professional Status
Certified Residential Appraiser
State
New York
Zaio closed 2/14/08 at a 52 week low of $.94 cents. It closed yesterday at $1.72 which was a .23 cent bump from the day before. Stay tuned.
 

Workbox

Elite Member
Joined
Mar 2, 2005
Professional Status
Certified Residential Appraiser
State
Colorado
So, did it go up because of the propaganda letters or that they are actually in with the "fix"? Or is it insider trading to give the impression of the "fix"?
 

Lawrence R.

Senior Member
Joined
Mar 27, 2007
Professional Status
Certified General Appraiser
State
South Carolina
I can only go off of what I know that they have done before....they are likely trying to wag the dog.

Let thier past behavior be your guide.
 

timd354

Elite Member
Joined
Jan 11, 2008
Professional Status
Certified Residential Appraiser
State
Maryland
Be careful if you invest in Zaio stock, its trade volume is very thin, usually only 10-20 thousand shares a day making it very easy to manipulate the price.
 

xmtpedprl

Senior Member
Joined
Dec 6, 2005
Professional Status
General Public
State
Florida
And Zaio had a nice, cheesy sweet, thing to say about how it supports appraiser independence, and how it's so happy with yesterday's announcement. Right.

Phony as a $4.00 bill.

Socialized appraisal care, coming your way January 2009.

Dave...
 

Squareitup

Member
Joined
Aug 9, 2007
Professional Status
IT Professional-Appraisal Related
State
District of Columbia
Be careful if you invest in Zaio stock, its trade volume is very thin, usually only 10-20 thousand shares a day making it very easy to manipulate the price.

Yes.

The main unanswered investor question is whether Zaio can do anything to prove itself as a legitimate business operator and generate a return on investment to the degree that appraisers keep the database maintained and remain with Zaio. So far, no general evidence of that. Maybe their fourth quarter report is ready for release. After all this time, if Zaio did start reporting favorable indicator activity with clients and database quality, it would be an unprecedented boost in the positive. They've never had a solid client base or (substantiated) credibility.
 

Elliott

Elite Member
Joined
Apr 23, 2002
Professional Status
Certified General Appraiser
State
Oregon
Zaio recent increase in stock price is the result of some low volume
purchases. They write a sweet artcle responding to a WSJ story.
Its like if a giant meteor was heading toward earth and was going
to destroy it. Then a little company that makes software and has
a large sales function says, 'We have the software that if applied
to existing technology can send up a missle that could destroy the
meteor and save earth. But just remember they've never done
this before, they are just saying they think they can do it.'

You don't really know why the stock went up, unless you asked the
people behind the purchases and their reason for those few small trades.
Its like verifying a sale to make sure it was market.
 
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