All About Bidz.com, What Do I Think About The Citron Report
Get right to the point, i think that everything the citron research cmae up with is a bunch of crap, as i will go into details below.
1)The CITRON analysts that claimed that the stock was crap just happened to short it the day before.. hence the investigation. If this stock really was crap, do you honestly think that no other analysts would have said anything (including IBD). Come on. Everyone is selling on fear. One illegal act by some analysts
drops a stock price in half. Not just any stock, but one with these revenues. Buy.
2)Another thing the citron report, reports is  that people claim that  BIDZ’s jewelry is far less quality that some other diamnod and jewelry web site like diamondsonfifth.com or bluenile.com. Well, when you pay 50% of the price you would in stores, what do you expect? BIDZ is not in the business of selling fine jewelry. Go to Diamondsonfifth.com for that. This company sells jewelry to the masses. They sell jewelry so guys can buy something for their girl and not go broke but make her happier than ever.
Another important thing you need to know they have a 100% return policy so if you don’t like what you but just ship it back and get back you money.
So for the conclusion i thing Bidz.com is a good company and it pays to invest in there stock.
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December 12th, 2007 at 9:11 pm
moshe as always I love reading your blog. now regarding bidz.com I think there stock will go up till around 20 dollars. before this went down till 10 dollars I had this feeling that it will go up till 30, but now I don’t think it will go higher then 20. we will need to see.
January 4th, 2008 at 11:26 pm
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