LQDT got whacked by the headline of missing rev. estimates. But because clients are moving to commission structure they book commission as revenue (less revenue, but 100% profit). That's a flaw in GAAP accounting and analyst models, not LQDTs performance. The company's 2 lgst divisions grew at 30%+ and earnings BEAT estimates.
E
The contract the LQDT has with the US Post office is their largest contract I believe. I have noticed the prices on the auctions through that contract have close to doubled in a lot of cases. With the economy down there is more competition for their auctions causing rising prices. I think this will benefit the bottom line somewhat for the govdeals segment. I can see this stock making a hard move to the upside with any news and the downside seems more limited.
J
Great earnings and great forward guidance! Future looks terrific! I am buying a lot today.
Bullish
e
So happy this stock has been flying under the radar. Just a matter of time before folks see how well positioned they are for the next 3 years at least with their online upgrades.
A
News today, LQDT acquires Bid4Assets for an undisclosed sum. While LQDT has a history of some ill-advised acquisitions and less than ideal integrations, this one looks to strengthen one of their core moneymakers, GovDeals. Bid4Assets is a service contracted to federal, state and local governments and agencies to offer online auctions of tax foreclosures, sheriff's sales and federal forfeiture. GovDeals contracts with state and local governments in the US and Canada to auction surplus goods, forfeitures, unclaimed impounds as well as with the US Postal Service and Canadian Post to auction unclaimed items. Should fit nicely together, especially if they can figure out how to integrate the much nicer UI of the Bid4Assets site.
Neutral
C
Since April Fool's Day LQDT is down 3.67% with a lot of that coming yesterday. With earnings upon us who is buying today?
M
Decent cash flow, no real debt (could use cash on hand to easily pay off, with quite a bit of cash left over), so why does Yahoo Finance show "Bearish" for short term, medium term and long term for LQDT?
C
LQDT earnings in a month, what-say-you?
C
Obviously options were involved in the big selloff at the very end of Friday's session. Buying opportunity.
M
Lots of insider buys last week
E
Lots of insider selling in the last week! I find it a little strange as the company is buying back shares. Some were options granted but not all! It does appear the stock bottomed in the mid 15s the other day. What are others thoughts on the stock direction! I personally think another beat in the ER is coming.
Bullish
T
This is an amazing company with a great management team.
C
$LQDT Angrick William P III, Chairman of the Board and CEO of LIQUIDITY SERVICES INC bought 167840 shares on 2020-06-15. https://formwhispers.com/s?t=LQDT
FormWhispers - Trading Ideas from Insiders LIQUIDITY SERVICES INC LQDT.
FormWhispers - Trading Ideas from Insiders LIQUIDITY SERVICES INC LQDT.
formwhispers.com
S
A lot of anticipation building up - hopefully, good earnings coming...Its high time. A nice run-up in sp.
L
Hello? Anybody follow this stock
a
LQDT + AABB New Global Cryptocurrency stock + ALPP Dip.