It's likely that a market correction is around the corner in mid-to-late summer. Small cap niche players like Bidz.com are positioned to do nicely from the shake-out of commerce web sites and jewelry sales. In the most recent earnings call, the CEO and CFO explained how they were buying stock from bankrupt companies for auction on the site. They also recently started selling via Amazon and are likely to prevail in an upcoming class action lawsuit. This one is super-risky, but could easily deliver 100% returns by the year end.
$3.88 (05/20/09)
