Its time to get out of LQDT if u can this stock is going down. esp today and i checked yahoo and see alot of insiders selling their shares also thats a good sign this stock is about to go down n wait for the bottom and get back in it
Stifel Nicolaus Says Buy Liquidity Services on Weakess 11:15a ET June 20, 2012 (Benzinga) Stifel Nicolaus has published a research report on Liquidity Services (NASDAQ: LQDT) after hosting CFO Jim Rallo at its Internet and Media Conference yesterday.
In the report, Stifel Nicolaus writes, "CFO Jim Rallo reiterated a view from the last earnings conference call that the company may not continue tosee the level of margin expansion that it has seen recently. We note that the company's adjusted EBITDA margins have been increasing due to operating leverage, but not because the company has been raising the spreads that itearns on goods sold on its platform. Gross margins are flat-to-down y/y, but the acquisition of Jacobs Trading makes it difficult to compare"