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November 2013

Liquidation.com Takes a Beating

After announcing earnings and an outlook that disappointed investors, Liquidity Services stock plummeted by 20% today.  As I listened to the earnings call, it felt to me like analysts are concerned about:

  1. certain key areas of the business having negative growth rates
  2. uncertainty around the DoD contracts
  3. continuing investment in their GoIndustry acquisition
  4. a general feeling of a lack of strategic focus.

After topping out at a roughly $2 billion market cap in May-June, 2012 timeframe, it is interesting to see the company trading at a market cap back under $700mm.  This is a price the company hasn't seen since around Q3 2011.

Screenshot 2013-11-21 20.45.50

Wholesale Cell Phone Marketplace BStockMobile now live


Wholesale Cell Phones

With a second marketplace launch in as many weeks, the folks over at B-Stock Solutions are clearly keeping busy.  This week, BStockMobile.com launched.  This marketplace is an unbranded site for a major trade-in program company.  

The company selling the inventory is running trade-in programs for mobile devices.  They claim to be "the world’s number one trade-in operator and redistributor of carrier-grade mobile devices". They say that "in May 2013 we set a new industry record for collections in a single month with more than 1.1 million secure wireless device trade-ins".

It looks like they are offering smaller lots of mixed product from different brands.  It looks like it is worth checking it out.


Furniture and Home Decor Liquidation Marketplace-Wayfair

There is a new inventory liquidation marketplace in the B-Stock Network.  They just launched Wayfair.com, the worlds largest furniture and home decor web retailer.

The site is located at https://wayfair.bstock.com and is offering full truckloads of products in good condition despite being returns.  The best part of all is that most lots appear to include free shipping in the continental US.

Check it out if you are a truckload buyer.