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Silverfox2

Silverfox2
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  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    Mark, ultimately it comes down to "ease of use." Historically less than 10% of the transactions completed on ebay are with the items being sold by individuals rather than professional sellers and that is directly attributed to the friction of selling on ebay (setting up an account, posting the auction, posting pictures, handling the shipping managing customer service / inquiries, etc). Also, its noteworthy that this is an ebay strategy.... they created this system to favor "power sellers" who can build processes to better handle selling on ebay vs the individual selling a one-off item. eBay also takes between 10-15% on average and the seller covers shipping costs, etc. Factoring the costs brings the value spread much closer together.
    Aug 18 01:41 PM | Likes Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    I see your point about how private company investors/VCs have anti-dilution clauses, but I have never seen such a mechanism in public companies. How would a public company raise money like that? A rights offering?

    No, I do not work with Tom. Never met him or spoken to him.
    Aug 18 11:43 AM | Likes Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    Just so I can understand what are you asking about, how are you calculating Cost per Customer?
    For the quarter, gross margins slipped 100 bips from the previous year to 92%, which is pretty darn respectable. Sales and marketing expense DID go up by 60% compared to the same period in 2013, but they will get a good ROI on that ad spend, and a resulting acceleration in sales growth in q3.

    I read the 10q cover to cover and I did not get the impression "They basically said that the only way that the can get cash for continued operations is to continue diluting the shares or offering debt.". Where did you see that?

    As time progresses, more and more of their traffic will be organic and come from word of mouth, so they will need to spend less money on marketing and margins will expand. Time will tell of course.

    USEL is like a publicly traded VC backed company. I think mgmt is spending to grow the top line, rather than focusing on becoming net income or ebitda positive. I applaud this, but not every public company investor is going to like their strategy.

    Next catalyst is moving to the Nasdaq.

    Overall, I thought it was a good quarter and I am keeping my position.
    Aug 15 09:09 AM | Likes Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    NLTInvestor, Glyde is more like eBay, ie just an intermediary in between. So your item isn't sold instantly rather, it's listed for sale. Glyde then manages the process in between the seller and the buyer. It's hard to say what the net price to sellers ends up being given the structure of the transaction, but I believe that overall USEL is doing a better job of getting sellers paid more. Further, USEL's transaction is instant (or "sell it now"), so the experience is much more streamlined. Also, the buyers on USEL are professional (mostly corporations) who have been vetted and are logged into the USEL software platform. On Glyde, the buyer could be some random dude who doesn't pay, never follows through, etc. I am a usel customer and shareholder.
    Jul 3 01:33 PM | 1 Like Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    Hi Ruerd, with all due respect, can you back that accusation up with real facts please? Can you cut and paste that link onto seeking alpha? Is that just a rumor on the internet or was that company/CEO actually convicted? I have never read anything about that issue and I think I know the company and CEO pretty well.
    Jul 3 11:30 AM | 1 Like Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    Scootrd, as I mentioned earlier, those customer reviews are several years old and the product experience has improved dramatically. I am a happy user of the product and also a shareholder.
    Jul 3 11:21 AM | Likes Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    Nottheboss1, those customer reviews are several years old and the product experience has improved dramatically in the past few years. I am a happy user of the product and also a shareholder.
    Jul 3 11:21 AM | 2 Likes Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    IZ, where are you getting the $50 million market cap number? The author states USEL has a $25 million market cap and my calculation using the SEC docs confirms that. I expect q2 revenues to be substantially higher than q1 based on some internet scraping I have done, so the company's current rough 4-5x TTM sales multiple is in-line with other public internet marketplace comparables. Re: copying their business, a new competitor would need a team of crackerjack software engineers and a pile of dough to copy them. It's much more complicated than it appears. Long USEL
    Jul 3 11:19 AM | 1 Like Like |Link to Comment
  • uSell: An Unknown ReCommerce Marketplace With An Impressive Growth Story [View article]
    Contradan, yes USEL is losing money at the net income level today, but if they continue to grow at 100% year over year, I forecast they will be EBITDA positive by q4 2014, basically in two quarters. The CEO is managing the business to grow revenues and not focusing on profitability as much, which I condone for now. Disclosure: long usel
    Jul 3 11:03 AM | 1 Like Like |Link to Comment
  • Wal-Mart's Domestic Money Transfer Entry Announcement: The Good, The Bad, And The Western Union Company [View article]
    How much of a threat to both MGI and WU is Xoom (ticker xoom)?
    Apr 22 05:17 PM | Likes Like |Link to Comment
  • With Favorable Shift In Advance Wound Care Market, Alliqua Could Grow Revenues To $35M Within 3 Years [View article]
    Great article. Do you mind telling us your source for the the $400 million estimated size of the wound care market?
    Apr 4 06:23 PM | Likes Like |Link to Comment
  • Can You Guess Where The Value Is Hiding? Coupons.com, Groupon Or RetailMeNot? [View article]
    Have you used the products of all three yet? How would you compare them?
    Mar 11 09:52 AM | Likes Like |Link to Comment
  • Placenta-Based Treatments Crowding Out Legacy Products In Wound Care [View article]
    I think ALQA has a long hard road ahead of them and you are being very optimistic. It will take them about two years to get any kind of reasonable reimbursement. Mimedx will own the market by then. Also, ALQA's product is a single layer product, which has about 1/20 of the "growth factors" that Mimedx's multilayer products has. In plain english, that means Mimedx's product holds more stem cell magnets and heals much faster. The fact that Medtronic struck a distribution deal for Mimedx's products, not ALQA's, speaks volumes. Long MDXG.
    Feb 24 11:29 AM | Likes Like |Link to Comment
  • MiMedx Set For A Continued Plunge [View article]
    MR X69, you forgot to mention these new shareholders in MDXG; Blackrock, Vanguard, Bank of America, State Street, Northern Trust, Bank of New York, Whitebox Advisors, Summit Creek, etc. Clearly the author of this article didn't do his homework before writing it. He has lost a lot of credibility in my humble opinion.
    Feb 12 10:31 AM | 1 Like Like |Link to Comment
  • MiMedx Set For A Continued Plunge [View article]
    Richard, what kind of fundamental research have you done? Have you actually talked to any distributors, doctors or patients who have used the product? If you don't reply, we will have to assume you have not, which detracts from your credibility.
    Feb 7 08:39 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
70 Comments
29 Likes