jtomm
3 years ago
Yep, and it's certainly good that the convertible is out of the way. Just gotta hope they are honest and don't do any more convertibles.
If they do, then they are flat out untrustworthy, imo.
I just didn't think the Q was perfect. Earnings should have been much lower in the Q because of dilution, except they claimed a "technicality":
"In June 2021, the holders, with the exception of the Company’s former senior lender, converted $4.805 million of the convertible
notes. Due to a technicality the underlying common stock was not issued until August 12, 2021."
flo-rida-bull-rida
7 years ago
I agree should be $1.50+ but hearing may be sold for as little as $15m, about half its value of a year ago and 1/4th the value of 2 years ago. That feels like failure since most holders own at $1+. If Apollo gets it when others offering 2x as much I also see failure. But if you know NR you know he is less likely to sell for stock that might be just as volatile as USEL the last few years. Also, if $15m is in cash it gets the November stock buyers a little jingle. If AG gets it for $15m, they will make out like bandits. Over $100m in revenue, tremendous operating recommerce platform that generated over $48m in consumer payments and has been the focus of over $10m in TV ads for brand awareness and to drive traffic to a widely known USELL.com website. Altgether a steal at any price under $1 per share. With all the new shares, the rice range discussed is barely 50 cents per share.
MikeyInTheD
7 years ago
I have watched this company for the past couple years. I think it is time to investigate further. I will be reaching out to management for answers on a number of topics. The company seems to be able to produce a profit and be cash flow positive from what I can find. If these numbers are correct then I don’t know why the shares don’t trade close to $1.50. Someone just needs to dig and find out why shareholders are being left in the dark about the current operations, financing needs going forward, plans to expand into other markets and how effective these advertising campaigns actually are at producing incremental revenue gains. They operate in a niche market dominated by the carriers, Apple’s buyback program, auction websites like ebay and one large trade-in website, Gazelle. Amazon has mostly removed themselves from the game by requiring sellers of cell phones to pay a minimum $40 per month to sell on their platform. This has caused a shirt to ebay for people will to sell and ship their old phones themselves. Ebay has much higher seller fees and can be intimidating to much of the market for private used phone sales. Which ebay does provide an easier platform to purchase used phones and other devices. This could be utilized by uSell to offload phones if higher prices can be obtained. Carriers and Apple offer convenience when buying a new phone. You just hand them your old phone and they give you a few bucks off the new one. This is the easiest transaction for the seller but also the lowest return. The Gazelle model appears to be the best balance of convenience and price. uSell has mirrored this process but on a much smaller scale. While not being a household name, they have been able to offer nice revenue growth to shareholders. This has not returned any profits for shareholders and the share price had steadily declined for the past several years. The market awareness of uSell seems to be minimal even with the national advertising campaign. People in the moment know about uSell but often revert back to Gazelle or the other methods of selling a phone due to name recognition or search results online for selling used electronics. Until this barrier can be crossed, uSell management will continue to deliver mixed results with declining shareholder value. They must double their efforts in online search result promotion, reassess the effectiveness of the national advertising campaign and analyze the Gazelle model and improve that industry standard to offer a better result for the consumer.
stocktrademan
10 years ago
$USEL recent news/filings
bullish
symmetrical triangle breakout soon
## source: finance.yahoo.com
Fri, 22 May 2015 17:04:26 GMT ~ USELL.COM, INC. Financials
read full: http://finance.yahoo.com/q/is?s=usel
*********************************************************
Sat, 16 May 2015 00:09:21 GMT ~ 10-Q for uSell.com, Inc.
read full: http://www.companyspotlight.com/routers/headline/27145/10004/6525316?cp_code=YAH1&1431734961
*********************************************************
Fri, 15 May 2015 20:28:22 GMT ~ USELL.COM, INC. Files SEC form 8-K, Results of Operations and Financial Condition
read full: http://biz.yahoo.com/e/150515/usel8-k.html
*********************************************************
Thu, 14 May 2015 13:40:32 GMT ~ uSell.com Announces First Quarter 2015 Results
[at noodls] - uSell.com Announces First Quarter 2015 Results
read full: http://www.noodls.com/view/BB2FC28D59E684B9FD7FE976560DAC8DBCA119CB
*********************************************************
Thu, 14 May 2015 13:00:00 GMT ~ uSell.com Announces First Quarter 2015 Results
[Marketwired] - uSell.com , the leading US-based reCommerce marketplace that instantly finds cash offers for used smartphones and electronics, announced today results for the first quarter ended March 31, 2015.
read full: http://finance.yahoo.com/news/usell-com-announces-first-quarter-130000211.html
*********************************************************
$USEL charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$USEL company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/USEL/company-info
Ticker: $USEL
OTC Market Place: OTCQB
CIK code: 0001271075
Company name: usell.com, Inc.
Company website: http://www.usell.com
Incorporated In: DE, USA
Business Description: uSell.com is a reCommerce marketplace that helps individual sellers and large wholesalers turn used smartphones into cash. uSell ensures that sellers get the highest payouts with the least amount of hassle by facilitating risk-free transactions with its network of professional buyers. For uSell's buyers, uSell offers a scalable solution that provides a high volume of inventory at a low acquisition cost.
$USEL share structure
## source: otcmarkets.com
Market Value: $9,047,248 a/o Jul 02, 2015
Shares Outstanding: 7,539,373 a/o May 13, 2015
Float: 3,671,934 a/o Apr 30, 2015
Authorized Shares: 650,000,000 a/o Apr 30, 2015
Par Value: 0.001
$USEL extra dd links
Company name: usell.com, Inc.
Company website: http://www.usell.com
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/USEL/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/USEL/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=USEL+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=USEL+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=USEL+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/USEL/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/USEL/news - http://finance.yahoo.com/q/h?s=USEL+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/USEL/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/USEL/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/USEL/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/USEL/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/USEL/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/USEL/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/USEL/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/USEL/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=USEL+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/USEL
DTCC (dtcc.com): http://search2.dtcc.com/?q=usell.com%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=usell.com%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=usell.com%2C+Inc.&x=0&y=0
WHOIS (domaintools.com): http://whois.domaintools.com/http://www.usell.com
Alexa (alexa.com): http://www.alexa.com/siteinfo/http://www.usell.com#
Corporate website internet archive (archive.org): http://web.archive.org/web/*/http://www.usell.com
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/USEL/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/USEL
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/USEL/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/USEL/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/USEL/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001271075&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/USEL/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/USEL/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/USEL/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/USEL/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=USEL&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=USEL
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/USEL/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=USEL+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=USEL+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=USEL
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=USEL
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=USEL+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/USEL/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=USEL+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/USEL.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=USEL
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/USEL/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/USEL/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/USEL/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/USEL/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/USEL
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/USEL
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/USEL:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=USEL
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=USEL
$USEL DD Notes ~ http://www.ddnotesmaker.com/USEL
Cobra Kai
11 years ago
Nice article some deep pockets here- 4.33 x 4.75
its usually good to follow pockets as deep as Frost on microcaps
Investors are just discovering the opportunity of uSell.com (OTC:USEL), a company doubling its revenues every year and led by the former Chief Marketing Officer (CMO) for Coca-Cola (NYSE:KO). Owner of an online marketplace for selling used electronics for instant cash offers, uSell.com has been doubling its revenue every year while attracting the investment of self-made billionaire Dr. Phillip Frost. With a tiny market capitalization of less than $15 million, uSell.com's revenue in 2014 could easily eclipse its current market capitalization if it maintains its growth rate anywhere close to current trends. With gross margins exceeding 90% during the past six consecutive quarters with no signs of slowing growth, this seems like a very likely possibility. Investors might look at uSell.com as a multi-bagger opportunity within 12 months.
uSell.com has all the characteristics of a successful startup, and it is the kind of investment about which venture capitalists dream. One early investment in a successful startup like uSell.com can earn enough returns to pay for dozens of other failed investments. uSell.com has managed to find a niche, capitalize on its user base quickly, and attract world-class leadership and financial backers.
According to public statistics, the average registered user spends less than eight minutes per visit on uSell.com. This fantastic statistic means that millions of users are logging on to the website, quickly finding a quote for their device, accept or reject the instant cash offer, and await shipment materials to complete the transaction. The entire process is quick, painless and cash-based, unencumbered by "credits" or "gift cards" that plague other buyback programs. There is also no need to wait for an auction to lapse over the course of 7-10 days, and there is no complicated description or customer Q&A process. Sellers simply receive cash for their device.
The simplicity of uSell.com is unlocking the value of an estimated value per American household of $7,000 in used electronics. Used electronics are normally carelessly disposed in landfills where their toxic batteries, circuitry, and acids wreak havoc on the environment for centuries. Although auction websites like eBay have existed for a while, most people find the process of photographing, describing, listing, managing, and PayPaling a full auction to be too cumbersome for the reward. uSell.com dramatically speeds up the process of turning a cell phone or electronic device into quick cash, and its speed makes the effort worthwhile for as low as $10 to as high as many hundreds of dollars per device.
Self-made billionaire Dr. Frost plus several millionaire members of his Frost Group have invested substantially in uSell.com. Dr. Frost sold a company he founded for over $7 billion and has already gained over half a billion in personal wealth in 2013 alone. Moreover, the former CMO of Coca-Cola is now the CEO of uSell.com, Sergio Zyman. Zyman introduced and launched Diet Coke, and no further introduction is necessary. To date, uSell.com users have earned $11 million, diverting 162,315 devices from landfills.
The current month is an ideal entry point for investors to acquire a position alongside investors like Dr. Frost before the company files its next earnings announcement, expected next month, which will likely extend the company's streak of six consecutive quarters with 100% or more revenue growth while maintaining 90% or more gross profit margins.
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Golden Cross
4 years ago
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6 years ago
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7 years ago
