Syndicate
NAMC Newswire

Press Releases
News Items
Articles
Event News
powered_by.png, 1 kB
Liquidity Services May Present an Opportunity for Investors PDF Print E-mail
Monday, 05 June 2006
Liquidity Services May Present an Opportunity for Investors
(NAMC) - Liquidity Services (NASDAQ: LQDT) traded down $1.63 to close at $17.00. the surplus wholesale version of eBay (NASDAQ: EBAY) traded down on Friday due to a downgrade from RBC Capital Markets who downgraded the company from an Outperform to a Sector Perform.


The stock still has room on the downside as it could actually trade down to the high $14 to $15 range before we see upward movement again. In May after being knocked down from $16.53 to $13.96 the stock ran back up to close at a high of $19.25 but has since slipped. Take a close look at the trading of this one as if it hits the low to mid $15 range it may present a good entry point.


(Excerpt from Wall Street to Main Street June 5, 2006)


NAMC Newswire Note: "Wall Street to Main Street" in its entirety is only be available to subscribers. Keep in mind that all subscriptions are free, all that you need to do is go to www.namcnewswire.com and add your email address, its simple, quick and FREE. We have included Stock Alerts to what we offer our subscribers, this added value will present various intraday oppportunites that may present themselves.


Also be sure to listen to the "Wall Street to Main Street" radio show hosted by Louis Victor that is syndicated daily. Just visit the NAMC radio at www.namcnewswire.com/namcradio or check your local listings. 


Wall Street to Main Street is also one of the leading shows on StreetIQ.com, the leader in financial podcast: http://www.streetiq.com/dir/NAMC.shtml. It is also available on iTunes for downloading.


This article can be republished either online or in print as long as credit is given to the author and the NAMC Newswire.


 




NAMC Newswire
 (c) NAMC Newswire
Issuers of news releases and not NAMC are solely responsible for the accuracy of the content