Petz.com IPO Soars Despite Losing Money on Every Sale Posted by CmdrGrits on Saturday October 16, @01:00PM EDT from the we'll-make-it-up-in-volume dept. DayTraderDan writes "Online pet store Petz.com, whose sock puppet mascot has become oddly famous, went public today and closed up 85%. According to the S-1, the company sells 40-pound bags of dog food for less than the cost of shipping them. When asked about the business model, a spokesperson said: 'Eyeballs.'" I'm not saying it's a bubble. I'm saying I just saw a sock puppet with a market cap larger than my town. Petz.com IPO Soars Despite Losing Money on Every Sale | Login/Create an Account | Top | 45 comments | Search Discussion Threshold: -1: 45 comments 0: 44 comments 1: 35 comments 2: 23 comments 3: 11 comments 4: 4 comments 5: 3 comments NestedFlatThreadedNo Comments Oldest FirstNewest FirstHighest Scores First The fine print: the following comments belong to whoever typed them. Dashdot takes no responsibility for them, and frankly, neither do most of the people who typed them. FP by Anonymous Coward on Saturday October 16, @01:01PM EDT (#1) Frist psot. Ha! In your face, everybody who has a job. [ Reply to This ] Re:FP by Anonymous Coward on Saturday October 16, @01:29PM EDT (#4) Thanks for posting this. I learned something today, which is rare for a comment section. [ Reply to This | Parent ] Re:FP by Anonymous Coward on Saturday October 16, @02:23PM EDT (#9) No, that's not how any of this works. Please read the FAQ before posting. [ Reply to This | Parent ] Re:FP by shell_shocked on Saturday October 16, @03:08PM EDT (#13) (User Info) Mod parent up! [ Reply to This | Parent ] Re:FP by Anonymous Coward on Saturday October 16, @03:35PM EDT (#15) Says the guy posting at 3am on a Tuesday. [ Reply to This | Parent ] Re:FP by modem_mike on Saturday October 16, @01:33PM EDT (#5) (User Info) Funny, I had the exact opposite experience. Ymmv, I guess. [ Reply to This | Parent ] Re:FP by Anonymous Coward on Saturday October 16, @01:38PM EDT (#6) I tried that and it set my monitor on fire. Thanks a lot. [ Reply to This | Parent ] Re:FP by JavaJunkie on Saturday October 16, @01:46PM EDT (#7) (User Info) Heh. Nice one. [ Reply to This | Parent ] We'll make it up in volume by Speculatron on Saturday October 16, @01:03PM EDT (#2) (User Info) Lose $5 on every order and make it up in volume. Classic. [ Reply to This ] Re:We'll make it up in volume by HexHead on Saturday October 16, @01:13PM EDT (#3) (User Info) This. A thousand times this. [ Reply to This | Parent ] Re:We'll make it up in volume by ladybug_lisp on Saturday October 16, @02:06PM EDT (#8) (User Info) Mod parent down! Flamebait. [ Reply to This | Parent ] Re:We'll make it up in volume by Anonymous Coward on Saturday October 16, @02:57PM EDT (#12) Citation needed. Where are you getting these numbers? [ Reply to This | Parent ] The bubble by Anonymous Coward on Saturday October 16, @02:30PM EDT (#10) When a company that ships heavy, cheap, low-margin goods over long distances is valued at a billion dollars, the market has stopped looking at fundamentals. This will end badly. [ Reply to This ] Re:The bubble by LowEarthLarry on Saturday October 16, @03:56PM EDT (#18) (User Info) Actually, that's a common misconception. The spec explicitly allows it; it's the vendors who didn't implement it. [ Reply to This | Parent ] I bought some by FidoFan on Saturday October 16, @02:42PM EDT (#11) (User Info) I bought 100 shares at the open. I'm either a genius or I'm going to be eating the dog food. Check back in a year. [ Reply to This ] Re:I bought some by CmdrGrits on Saturday October 16, @03:18PM EDT (#14) (User Info) Exactly. And the vendors know it, which is why they're scared. [ Reply to This | Parent ] Re:I bought some by JavaJunkie on Saturday October 16, @03:42PM EDT (#16) (User Info) You must be new here. [ Reply to This | Parent ] Re:I bought some by Anonymous Coward on Saturday October 16, @04:16PM EDT (#21) Real men use a magnetized needle and a steady hand. [ Reply to This | Parent ] Re:I bought some by Anonymous Coward on Saturday October 16, @03:45PM EDT (#17) Agreed. Couldn't have said it better myself. [ Reply to This | Parent ] Hmm by NavNerd on Saturday October 16, @04:00PM EDT (#19) (User Info) I wonder how long until someone ports Doom to it. [ Reply to This ] Portals sucks by mp3_maniac on Saturday October 16, @04:02PM EDT (#20) (User Info) This is why Portals sucks. I've been saying it for years. Install Linix. Problem solved. [ Reply to This ] Does it run Linix? by sysadmin_steve on Saturday October 16, @04:24PM EDT (#22) (User Info) But does it run Linix? [ Reply to This ] Re:Does it run Linix? by Anonymous Coward on Saturday October 16, @05:35PM EDT (#29) Not true at all. I've been running it for months with no problems. Maybe check your hardware? [ Reply to This | Parent ] Re:Does it run Linix? by CoffeeCoder on Saturday October 16, @05:41PM EDT (#30) (User Info) I think you're missing the point. Nobody is arguing it's perfect, just that it's better than what we had. [ Reply to This | Parent ] Re:Does it run Linix? by pitchfork_pete on Saturday October 16, @05:52PM EDT (#31) (User Info) Don't feed the trolls. [ Reply to This | Parent ] Re:Does it run Linix? by CoffeeCoder on Saturday October 16, @06:18PM EDT (#33) (User Info) Source? My brother-in-law says otherwise, and he has a Pentode. [ Reply to This | Parent ] lol by CmdrGrits on Saturday October 16, @04:34PM EDT (#23) (User Info) lol [ Reply to This ] Re:lol by CmdrGrits on Saturday October 16, @04:54PM EDT (#25) (User Info) Hey, at least it's not Portals. [ Reply to This | Parent ] Re:lol by frostbyte on Saturday October 16, @05:08PM EDT (#27) (User Info) I work in this field, and the parent is basically right, although the details are a bit more complicated than one comment can cover. [ Reply to This | Parent ] Re:lol by RailgunRhonda on Saturday October 16, @06:31PM EDT (#34) (User Info) This is the most sensible thing I've read on Dashdot all week. Somebody mod this up. [ Reply to This | Parent ] Re:lol by MediaMaven on Saturday October 16, @06:33PM EDT (#35) (User Info) So what you're saying is that it's a conspiracy. Got it. [ Reply to This | Parent ] Re:lol by Linixdvd on Saturday October 16, @07:18PM EDT (#39) (User Info) The parent's point stands, though: it depends entirely on the use case. [ Reply to This | Parent ] Re:lol by kludge_king on Saturday October 16, @07:33PM EDT (#40) (User Info) You're both wrong, and I'm going to explain why in a post that's way too long for anyone to read. Paragraph one: ... [ Reply to This | Parent ] Re:lol by ladybug_lisp on Saturday October 16, @06:36PM EDT (#36) (User Info) Did you even read the parent post? He said the opposite. [ Reply to This | Parent ] Re:lol by Anonymous Coward on Saturday October 16, @06:51PM EDT (#37) Wait until you see the next version. It's going to be worse. [ Reply to This | Parent ] Re:lol by LawGeek on Saturday October 16, @07:49PM EDT (#41) (User Info) This. A thousand times this. [ Reply to This | Parent ] Re:lol by HexHead on Saturday October 16, @07:54PM EDT (#42) (User Info) Thanks for posting this. I learned something today, which is rare for a comment section. [ Reply to This | Parent ] Sock puppet by Anonymous Coward on Saturday October 16, @04:43PM EDT (#24) I'd buy the sock puppet. Just the puppet. Not the stock. [ Reply to This ] Re:Sock puppet by StargazerSue on Saturday October 16, @06:00PM EDT (#32) (User Info) Whoosh. That was the sound of the joke going over your head. [ Reply to This | Parent ] Meh by ladybug_lisp on Saturday October 16, @04:55PM EDT (#26) (User Info) Meh. Wake me up when it's open source. [ Reply to This ] Read the article by StargazerSue on Saturday October 16, @05:16PM EDT (#28) (User Info) Did anyone actually read the article? Half the comments here are answering questions that are answered in the second paragraph. [ Reply to This ] Hmm, not so sure by JavaJunkie on Saturday October 16, @07:00PM EDT (#38) (User Info) I'm not so sure this is good news. Every time someone says 'this will change everything', it changes about 3% of something. [ Reply to This ] Old news by BioBob on Saturday October 16, @08:02PM EDT (#43) (User Info) This was on a mailing list I read three weeks ago. Dashdot, always first with yesterday's news. [ Reply to This ] BSD: a eulogy by dormroom_dj on Saturday October 16, @08:13PM EDT (#44) (User Info) Sad news, everyone. Analysts at a firm I just made up report that BSD now runs on fewer than 4% of servers, down from 4.1% last spring. Even the daemon mascot has been seen updating his resume. Gather round, friends, and light a candle for the little OS that could, but statistically shouldn't. [ Reply to This ] Boring by ParanoidPolly on Saturday October 16, @08:14PM EDT (#45) (User Info) Another day, another story about a chip that is 8% faster. Wake me when they invent the flying car. Or at least the flying modem. [ Reply to This ]

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