BIDZ.com: An Attractive Bargain

From its website, BIDZ.com (BIDZ) is:

the largest online jewelry auction. Up to 95% off gold jewelry, engagement rings, watches, diamond jewelry, gemstones, and much more starting at $1 no reserve, every 5 seconds.

Bidz.com is acting well. Following through on its breakout last week from a flat 7-week base structure, BIDZ closed Friday, +2.43 points on 558% average trading volume, that too on a shortened post-Thanksgiving market day.

BIDZ boasts quarterly EPS numbers of 275% and 1200% over the last two quarters, with a 3-year EPS growth of 426%. EPS estimates for the coming December quarter have also been raised recently - the same goes true for next year's estimates.

With only 11% of shares outstanding controlled by institutions, perhaps BIDZ will garner more sponsorship, as and if it executes to plan.

BIDZ's relative price strength is at an all-time high; our price and volume analysis indicates that shares are under accumulation, and its broader Business Services group also boasts no less than 17 other stock names trading close to their 52-week highs. It's numbers like these that cause BIDZ to be ranked highly (GSA Rank 72.1) in our database of high growth stocks on the move.

Disclosure: Author has a long position in BIDZ

Comments

[Sia:]

Be careful now. I just read this report www.citronresearch.com.../ now they do some hw!

2007 Nov 26 02:26 PM

[trey:]

Funny how on the same site you have an "unknown" author (or is his/ her name "Growth Stock Analytics"?!) pumping this stock and 2 days later the Lefty-Lemon guy flaming it into oblivion. I smell fish.

2007 Nov 27 07:15 PM

[Growth Stoc...:]

There's nothing fishy here about us. We were long, got tripped up by "Lefty-Lemon" as well, and took a loss on BIDZ.

2007 Nov 27 10:24 PM