300 millions shares trade and price doesn't move more than 1/100 cent either way and everyone calls that a good day? I call that a major red flag amongst many:
- bzcn not even in the top 20 ebay powersellers
- spends $125 to sell $100 of stuff
- bad q3 numbers, heavy dilution of stock at that time also!
- CEO in small dumpy multi-office vegas building with 340 sq ft office!(google the address and use "street view")
- CEO has really crappy business history
- lackluster December 2009 sales & bad completion rate for auctions listed- nothing in the pipeline as far as new inventory prospects
- Delmar was business partner for years with guy who is now in federal prison for stock manipulation
- business model is to sell stuff that other companies can't get rid of???? They call it "excess inventory" but truth is someone already has tried to sell it and couldn't!
- Limited geographic coverage - so cal only: "We are currently offering our eBay liquidation services regionally in select Southern California areas, but we plan to begin offering our services nationwide very soon."
- Go on Ebay and look at what they sell!!! Much of it is sold "as is" because it's used/broken/damaged !!!Majority of what they sell is CRAP, pure crap.
- 9 bids on first 120 auction items
- they actually have a few auctions for christmas wrapping paper at over a dollar!!! Wrapping paper was going for 90% off last week anywhere the listing fee will be more than what they make on that!
Sorry for all the negativity I was once on this train until I starting digging into this real deep, I feel like big a** for getting into this stock but hey that's how you learn I truly hope those of you still holding Delmar's bag will somehow get enough of a pop to make a buck or two
News 
Market Data 
Discover 
AI
