Every time they buy a company from the inspection industry, their stock goes down.
Porch Group currently owns ISN, Nathan’s RWS, Dominic’s Home Inspector Pro, Palm Tech, Noel Zack’s America’s Call Center, and other inspection industry vendors.
Well, the inspection industry is a bit slow right now…not surprised Porch is declining.
Many businesses now days lose sight of the main purpose of business…it’s to serve people, not make money. Without people you can’t make money…many businesses fail because they loose sight of their purpose and their vision …to solve a problem for the customer…just my opinion…but the stocks are down for everything right now…
HIP’s customer service has gone down since then too.
I think you meant to say Paul Zak’s America’s Call Center.
So when do we start buying the stock? It’s at $1.43.
There was a straight decline at the $2 mark. It’s at a 52 week low and volume is picking up. This seems a pretty good time to buy some speculative shares.
I don’t buy stocks. You guys have fun with it. I would rather take my money to the craps table and have a better chance on earnings.
If there is one thing I have learned in life, a low price does not mean a good deal, lol.
@rthornburg
Well said Ray. Couldn’t agree more.
The fact is if Porch went out of business tomorrow, outside of a few home inspectors, no one would notice.
The entire company is based on proving a solution for a problem that doesn’t really exist.
It’s amazing they ever launched their IPO.
Down another 2% today. Getting close to being delisted.
Dave, what are you talking about? We’ve added two additional support team members and a receptionist to avoid anyone getting voicemail (she takes all the info and hands it off for quicker support turnaround). We’ve also changed from 16 hours of phone support a day to 24 hours a day. If you’re having an issue I’d love to know where so I can address it! In the last 4 months though our phone answer rate (vs voicemail) is up over 80%, chat and ticket response times have been cut in half as well. Most of our competitors don’t even offer phone support anymore. It’s chat or nothing!
Down 90% year to date. Wow.
What makes you think stocks aren’t a crap shoot?
Maybe it hit bottom.