Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.
Geeknet (NASDAQ:GKNT): Questionable Business Model and High Valuation
Geeknet is predominantly an online retailer that specializes in selling "geek"-themed products. It operates the website Thinkgeek.com. Many of its products fall into the Star Wars genre, or have their own special humor or eccentricities. The company derives its revenue from two sources - its website and wholesale revenues. A bull might say it has a cult following (over 600,000 Facebook likes); a bear may call it a fad.
The company had a rough...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|