A NEW PHENOMENON IN RETAILING IS SPREADING ACROSS THE COUNTRY LIKE WILDFIRES. These are the eBay auction drop off stores that provide individuals to sell all kinds of merchandise over the Internet conveniently. Auction Mills will be among the first public companies to provide this service, initially in Dallas, Texas, and ultimately worldwide.
The concept is rather simple. The individual brings the items for sale to the drop off store. Following the registration of the product, it is then photographed and offered for sale on the eBay auction site on the Internet, usually for a one-week period. If a sale is made a check is issued to the seller. The buyer pays the auction price and shipping costs up front and the company sends the product.
Under the company business plan, the item for sale must be worth at least $50 from which Auction Mills receives 38% of the proceeds up to $200. Fees decline on a sliding scale above that price level. If the item is not sold, a second week option listing is offered at no additional charge. Items not sold are either offered to charity or returned.
The company believes the communities served in its locations are afforded the convenience of a quick and easy method to sell merchandise as opposed to the complex way of doing it individually, which requires disclosure of personal financial information among other things. The computerized server and database system to be installed in each store will be a highly sophisticated hardware and software package providing all the needs of the operation with the ultimate in protection and speed.
In addition to store operation, Auction Mills plans to offer franchises. A typical franchise start up should cost around $50,000, including a $15,000 franchise fee, and a monthly 5% royalty on franchisee revenues.
eBay management estimates drop off stores will generate $10 billion in business in the next year. The company management forecasts over $1.5 million in revenues and $457,000 for the first year of operation. Adding this to the potential earnings from franchises, the company is on the launching pad for exciting growth potential.
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Can anyone give me the best book for options investing. Not a book for a beginner but for advanced traders. Also, if you could list other best selling stock market books.
Posts: 24 | From: San Diego, CA | Registered: Aug 2004
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quote:Originally posted by siriaholic: Jess you are right the only reason someone shouldn't have bought today,is if they think the stock will go down tomorrow lower than the post-split price.
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Hi, im new here and the first discussion i visited was on AUML. After hearing about it and researching it further i decided it was a good buy, but the second i invested in it, the stock started diving. It is now half hte price it was when i bought it. Does anyone know why, or whether or not it will go up?
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-SCORP1970
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I am not sure Random but, I think there could be some hope in this one still. Since they signed with FedEx they could open stores in every Kinkos location just like their competition. If this happens I would think the stock would go up. There first business plan was to have a more personal touch than just drop offs but if they join with Kinkos this would launch them into a few thousand locations. I am sure there will be some more PR releases soon for them. I still have a little still in, and intend to keep it for awhile and if it goes to .3-.4 I will buy a little more. It all depends on how the MM's handle this one. Hopefully people want to have another run!
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Random08
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So this stock was for short term. I see, i bought it at the wrong time and now its less than half of what i bought it at...should i sell them or stay in?
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Random, It's hard to say being that this is a momentum stock it can go either way the MM dictate as well as the traders. I am going to keep some for a couple of weeks and see what happens. If they have some strong news it may take off again.
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Random08
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yea, i sold all but fifty shares so i can rebuy incase it goes up again, thanks for the advice!
quote:Originally posted by -SCORP1970: I am not sure Random but, I think there could be some hope in this one still. Since they signed with FedEx they could open stores in every Kinkos location just like their competition. If this happens I would think the stock would go up. There first business plan was to have a more personal touch than just drop offs but if they join with Kinkos this would launch them into a few thousand locations. I am sure there will be some more PR releases soon for them. I still have a little still in, and intend to keep it for awhile and if it goes to .3-.4 I will buy a little more. It all depends on how the MM's handle this one. Hopefully people want to have another run!
kinkos isnt going to be a drop off location for peoples second hand junk.
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You might be right Manilla. I am interested to see if there is a any revenue for FedEx in this space. I know UPS&DHL are doing the drop sites. Like I said I am keeping some and moving into a few others I have been looking into the past few days. AUML made me some great $$$ though!
Posts: 29 | From: NA | Registered: Jul 2004
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Drskeen
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Looks like AUML is making another GREAT run if any one cares to jump aboard. Might make some money back on this!
A nother U rban M yth L oser
All I know is I have cleared more money on this stock that any other stock I have purchased in the last few years , so you can call it what you like!...Good Luck
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why why why did i sell the other day at .40? It really hurts now. If I had any idea it would shoot up to .70 I would have kept it. I wonder if .35 would be a good re-entrance. I just sat and watched my holding dwindle from 1.14 after the split down to .8 to .7 to .40 and I sold. All I had to do was wait one more day or two for the rebound, hope that doesn't happen again. If anyone here trades options give me a holla.
Posts: 24 | From: San Diego, CA | Registered: Aug 2004
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quote:Originally posted by Google: why why why did i sell the other day at .40? It really hurts now. If I had any idea it would shoot up to .70 I would have kept it. I wonder if .35 would be a good re-entrance. I just sat and watched my holding dwindle from 1.14 after the split down to .8 to .7 to .40 and I sold. All I had to do was wait one more day or two for the rebound, hope that doesn't happen again. If anyone here trades options give me a holla.
I understand how you feel. I took out 1950 shares out of AUML and invested them in Concorde (CNDD). I thought this stock would go up. As of today, when i made this transaction, this stock went down over 66% while AUML went up 30 cents. Unlike you, who didnt make money, i not only missed out on making money, i lost a small fortune because concorde nosedived today.
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I feel your pain,I bought 3,000 shares at 3.30 and saw cndd press release denying all info last night but no way out and at least i got out at $4.50.Thought I finally found the big one,I should know better.
quote:Originally posted by Random08: I understand how you feel. I took out 1950 shares out of AUML and invested them in Concorde (CNDD). I thought this stock would go up. As of today, when i made this transaction, this stock went down over 66% while AUML went up 30 cents. Unlike you, who didnt make money, i not only missed out on making money, i lost a small fortune because concorde nosedived today.
quote:Originally posted by Drskeen: Looks like AUML is making another GREAT run if any one cares to jump aboard. Might make some money back on this!
A nother U rban M yth L oser
All I know is I have cleared more money on this stock that any other stock I have purchased in the last few years , so you can call it what you like!...Good Luck
quote:Originally posted by tigertony: I feel your pain,I bought 3,000 shares at 3.30 and saw cndd press release denying all info last night but no way out and at least i got out at $4.50.Thought I finally found the big one,I should know better.
Heh, at least you made money, i lost $3000 leaving me with $1000 left to invest with. Hopeuflly these go back up for the long term, otherwise im screwed
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Does anyone think this will get under .50 again, and if it does, would it be smart for me to go in with 7000 bucks on margin. If it doubles that'll be a nice extra seven grand. If not, should I buy this stock under a buck and hold a few months. I mean, when you think about it, how can this stock not perform if its with ebay?
Posts: 24 | From: San Diego, CA | Registered: Aug 2004
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blabla
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im sure thats what everyones thinking...thats why its doing so well with really nothing to show.
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ATLANTA, GA -- (MARKET WIRE) -- 08/17/04 -- Market Pulse News Alert for this AM, Stocks to Watch are: Automotive Capital Group, Inc. (OTC: AOCP), Yahoo Inc. (NASDAQ: YHOO), Auction Mills Inc. (OTC: AUML), Travelzoo Inc. (NASDAQ: TZOO).
Investors need to be watching Automotive Capital Group, Inc. (OTC: AOCP) this AM! Automotive Capital Group is an automotive holding company. Automotive Capital Group announced the opening of an eBay Store to further market its Navicom system. Navicom's goal is to become the market leader of wireless security/anti theft solutions using Global Positioning System (GPS) technology for automobile, motorcycle, motor-home, and trucking companies. Navicom GPS will offer finance companies asset collateral monitoring devices for the $25 billion dollar sub-prime automobile market. These solutions include automobile tracking, auto disable/enable capability through Internet, and point and click auto repossession. The company's website is www.NOWGPS.com and www.GPSStation.com. Automotive Capital has had several excellent news announcements out lately and one again after yesterday's bell regarding Navicom receiving an order! This could be excellent news for investors!
Automotive Capital Group, Inc. (OTC: AOCP) which is acquiring Navicom GPS, a market leader in GPS technology and services, announced the company is supplying wireless global positioning system units and monthly service to the Inspector General's Office in Washington, DC. Automotive Capital Group, Inc. sees this as an agreement that offers potential future orders from Government and law enforcement agencies. Automotive Capital Group, Inc. has positioned Navicom GPS to become the fastest growing aspect of its business.
The company also announced that it has begun seeing results from the Navicom marketing campaign. Testing units are now available for homeland security agencies, law enforcement, government agencies, auto dealers, fleet managers and trucking companies. Navicom foresees the $25 billion dollar sub-prime automobile market becoming the fastest growing segment and will offer companies its asset collateral monitoring devices with lease options. These solutions include automobile tracking, auto disable/enable capability through Internet, geo-fence boundary notification and point/click auto repossession. Other sub-prime auto companies are also buying Navicom to install on vehicles they finance. Navicom believes it has the solution for the $25 billion dollar automotive sub-prime debt market to protect financed assets. Navicom is being acquired by Automotive Capital Group, Inc. and the merger is expected to be completed by September 1, 2004. The Navicom Company's website is http://www.NOWGPS.com and http://www.GPSSTATION.com.
Automotive Capital Group, Inc. which is acquiring both Colfax Financial and Navicom uses the GPS system in each automobile they finance. The use of Navicom technology eliminates a great deal of the risk and protects the loan asset by tracking it 24/7. Because of the Navicom system, the company's goal is to improve the current vehicle sales of 50-100 cars each month for an average price of $8,000 per car to 200 autos per month of an average sale price of $10,000. The company will finance each vehicle at 29.9% interest rate and install Navicom GPS in each automobile. The buyer can also receive insurance discounts of up to 33% with the installation of Navicom as well.
The acquisition of Navicom comes as industry watchers predict a wave of growth in the global positioning systems or GPS market. New Navicom GPS products include portable, hardwire, solar, heavyweight equipment, marine and motorcycle GPS tracking service. One reason Navicom has such growth potential is unit sales plus a monthly reoccurring revenue for service. Overall GPS demand has been picking up in the past year because GPS technology can be used in daily business as a tool. Navicom is seeing increased volume in applications -- personal tracking, vehicle navigation, fleet management and motorcycle security system. The company said Monday that they are seeing significant reorders from current customers that use the MLU (Mobile Location Unit) wireless GPS technology.
Navicom global positioning system (GPS) receivers are now affordable, making applications unthinkable just 18 months ago. These emerging GPS applications, plus growth in current markets, will help propel the global GPS market north of $22 billion by 2008, according to technology market research firm ABI. In a 2003 study released by ABI, GPS for the vehicle and asset tracking segments were expected to account for 50% of the global GPS market and continue to gain share through 2008. Navicom is looking to capture market share with service in 98% of the US, Canada and Mexico, a much broader range then competitors.
Stocks that closed higher in Monday's trading include: Yahoo Inc. (NASDAQ: YHOO), Auction Mills Inc. (OTC: AUML), Travelzoo Inc. (NASDAQ: TZOO).
Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis.
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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: Automotive Capital Group, Inc. compensation from a third party: two hundred twenty thousand free trading shares of stock in Automotive Capital Group, Inc., already delivered from a third party. To date, MP has sold forty-four thousand four hundred shares of stock in Automotive Capital Group, Inc. for proceeds totaling twenty thousand seven hundred dollars. MP's officers and directors reserve the right to buy additional shares of the company discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market Pulse News Alert is a division of MP.
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Hey, wats goin on? Guess people like to post when they're making money. Anyways, I'd like to say that this one is being held by most traders and investors. Look at the .61 support. I dont think it will dip below that anytime soon. Well the last peice of news that came out signaled that the first company stores will open next month. All I gotta say is keep holdin on. If you have any other comments then, PUT YOUR VOICE IN!
Posts: 24 | From: San Diego, CA | Registered: Aug 2004
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