Bidz.com, Inc. (NASDAQ:BIDZ)

on its way to $1.50.

http://articles.latimes.com/2008/feb/19/business/fi-bidz19

Article says it all. Bidz.com is on a negative trend most likely looking into major investigations. Any online search as to customer service regarding the company brings back negative feedback, as well as questions to their credibility and products.

This is a company making money with double digit growth with no where to go but up.

Great bottom line and future, yet the stock is still stuck???

ultimate williams confirmation SF

tmfeldredhad

Online discount jewelry. Huge upside.

Bidz sells jewelery on-line that they buy up in large quantites. They are similar to Blue Nile but have an aution format. They are expanding internationally. Their p/e ratio is half of Blue Nile. They should get a better valuation as they become better known and expand internationally.

I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!

Jewelry is a woman's best friend: not just diamonds. And if gas is $5.00 a gallon, how do we shop for it? Via the internet.

BIDZ live auctions, 24 X 7 allows real bargain shopping on great jewelry.

Great businessplan - not just for the everyday consumer, but can act as the distributor to retailers as well.

Undervalued compared to Bluenile and are financially strong.

BIDZ is a great company that is filling a great niche. They have a share repurchase program in place and have kept their guidance steady as we go through these turbulent time. I am riding this one to $15 or higher!

Stock has been undervalued for along time. It is on the rebound! Strong BUY!!

I gotta bring my Caps score back after FMD just knocked it down 50 points.

I am piggybacking TMF Eldrehad on this underperform

This is something to watch. They were on the IBD top 100 list until that little article questioning their inventory, management, and Retail price estimates. But the site is well made, and Buyz.com was just launched offering 'buy it now' type sales. They also got rid of their third party sellers and got back to their origin, jewelry.

the market is saturated with auction stocks. With ebay being the most popular. BIDZ has not found a niche, or has set the standards that people are looking for in an auction.

This company is backed by a felon, who sells jewelry through another company of his. According to the Citron Research: " Saied Aframian is a convicted felon and has served time in the Federal System for fencing stolen goods. Not just petty crime either, but for being the prime fence for a multi-million dollar nationwide ring of stolen watches and jewelry." "

Illegal shorts have killed this stock recently, but the illegal trading practices will be shaken out and this stock will rise again.

I'll be the first to admit that most of the numbers look good, especially the PEG of .33. However, there is more to investing than numbers. You aren't buying numbers, you're buying a company. I wonder if the people who are long bidz.com are the same people who thought that housing stocks were a steal 7 months ago because of great price / book numbers.

I have never even heard of anyone I know use this site. I've heard of people who loved to use the fallen angel overstock.com, but never this. Overstock had the advantage of a great selection, bidz has just jewelery. Currently ~70% of their sales come from the U.S. Looking over their inventory, this all appears to be stuff that people will avoid when the discretionary consumer spending hammer comes around.

With a PEG of .33, investors simply do not believe the projected growth numbers. Neither do I. Notice I dislike the stock even before any of the other fun facts about this junk. To quote my favorite human, "You can't make a good deal with a bad person." This management is bad to the bone.

* An F from the BBB. Do you people honestly want to own part of this company? Investing isn't a video game.
* Shady management (to be nice)
* Cash, if you made 30m dollars, where the heck is it all?
* Complete lack of transparency.

As an added bonus, the shorts are falling all over themselves to short this thing. I doubt there is a single share in a margin account that isn't lent out to be shorted.

Coming back down. Just look at the website and revel in the bush league feel.