Replies to post #360868 on Naz News, Gappers and FLE''s

[George the Greek]

LQDT: JJ, so why the dumpage
on being the high bidder
for US DoD surplus?

Edit: oh, it seems they are the auctioneer.

Liquidity Services, Inc. (NASDAQ: LQDT) Wednesday announced it has been determined the apparent high bidder for a contract with the U.S. Defense Logistics Agency (DLA) to purchase, manage and sell non-rolling stock surplus assets of the U.S. Department of Defense (DoD) (Surplus Contract). Liquidity Services, Inc.'s high bid was equal to 4.35% of the DoD's original acquisition value (OAV). The Surplus Contract has a base term of two years with four one-year renewal options.
Bidding for the DoD surplus rolling stock contract will take place in a live auction being held by the DLA on April 2, 2014. Following the conclusion of the auction event and a DLA determined apparent high bidder, Liquidity Services will provide an update on the event results.
Copyright 2014, Street Insider News Provided by Acquire Media Corporation

P.S.: okay or not okay to quote the (copyrighted) news,
with attribution?
Please advise.

[iconoclassic]

Nice pop and run on LQDT...good call, jj