Stock of the day: Zillow
The consumer real estate website announces an acquisition, causing more fluctuation in this volatile stock.
David also says that while share dilution isn't ever something shareholders are excited to see, he thinks that after Zillow's amazing share price run-up -- up over 200% just in 2013 alone -- this move definitely makes sense. It will take advantage of the company's position on the market to raise a substantial amount of capital.
David closes by saying that anyone interested in buying Zillow now should consider it a long-term holding, and be prepared to stomach some wild volatility in the short term.
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