The Company is an online auction marketplace for wholesale, surplus and salvage assets. It enable buyers and sellers to transact in an efficient, automated online auction environment offering over 500 product categories.
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People love a good deal and this company had a bad last quarter, but I strive to pick stocks that have good growth potential long-term. Have you seen what stocks like Ebay trade at? This is a worthwhile buy if it grows to only a fraction of that stock. Even great companies have bad quarters now and again, which opens up windows of opportunity for those interested in investing. My only regret is not picking this to outperform last month.