U.S. Auto Parts Network, Inc. (PRTS)
The Company is an online provider of aftermarket auto parts, including body parts, engine parts, performance parts and accessories.
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Overvbought
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May regret this, quick glance at numbers. Earnings miss and big capital expenditure seem to have hammered this company. If a recession is trully comming, more people will be fixing their cars than replacing their cars. Seems like they may be in a good place but, I may have missed something in my breif review.
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Auto Parts off the web can't compete with your local AutoZone or Advance Auto, especially with all the shippers charging that high fuel surcharge.
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I'm not convinced that they can earn large profits anytime soon. Also, as sales grow, they will be forced to borrow more or issue more stock to pay for an expanding infrastructure.
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Took a big hit for errors. Now its time to bounce back
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New company to continue growth
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Looks like they made a "Rookie" error. Now they are on sale.
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It just went down 50% for no good reason.

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