InvestingPennies.com

eBay: Not Everything Needs to Be Auctioned

Auctions are here to stay, and in the mean time offer an avenue into an often neglected trend. Sotheby's has recently seen meager resistance over the last month that could be interpreted as a positive turnaround. Oversold as is, and dwelling in an industry resistant to the credit crisis, we believe that an investment misconception has taken place here that has linked BID with a downturn economy. In fact, we see Sotheby's to be a play on the wealthy elite and open opportunity at the current price. Read our full recommendation here:

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