While going over charts I found BIDZ trading near highs. The stock already doubled from $10 in Sept. to its current price of 19.94. I went to check out the company info and found out that it is an online auction site of jewelry, watches and art. They have an interesting auction format that shows live changing prices. It almost look like a trading screen and I was drawn to the flickering prices for a few minutes. It will be interesting to follow the stock's development.
www.biz.com
3 comments:
It went into IBD last week at #2 and was pumped a couple of times by IBD. The move is entirely hot traders trading. You might make fast money or you might end up holding the bags. Just be careful.
I don't follow IBD and did not know that. Thanks for the heads up.
I know you're a trader, not investor, still check out the article at CITRON.COM about BIDZ
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