Northern, WI 1/8/2012 (BasicsMedia) — If you wonder what happens to the gifts you return you need not look further than Liquidation.com (NASDAQ:LQDT) and few know they are a publicly traded company… find them a useful easy site to navigate, and i use them everyday. Not so much to buy goods, but to determine the price of a good sold in bulk. You can buy 700 Izod Shirts in various sizes or you can buy 10 Outdoor Smokers (Electric or Gas your choice), but it;s important to look at the shipping charges before you starting bidding in these LIVE Auctions!!
Also, if you don’t know – these services are not just places to buy and sell, they are second market pricing mechanisms……….so is EBAY, Amazon and Craigslist. They are a tool to determine what the REAL prices are (+ Shipping of course) for any item you can think of…
Liquidity (LQDT) is a smaller company if you are comparing them to EBAY (NASDAQ:EBAY) or Amazon (NASDAQ:AMZN) with a MarketCap of $1.4B while the other 2 are behemoths with bo0-coo revenue. Liquidation is serving a different role as an auction site and pricing mechanism.
You will see them in different media outlets upcoming, so I thought it smart ot get you some info on what the stock did in 2012 and if you click here you can see some price action for 2012 or get a recent quote. If you click below you can see some local media upcoming for the company.
- The Today Show, NBC — What Happened to the Holiday Gifts You Returned?
- CNBC — The Business of Returns
- Fast Money, CNBC — Banking on Retail Inventory Surplus
- CBS 8 Las Vegas — North Las Vegas Company Plans to Expand
- Fox 59 Indianapolis — Stretching Your Dollar: Buying Refurbished Electronics for Cheap
Disclaimer: We have no position in any stock mentioned here.