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Red Flags at Bidz.com
The auctions are not third party auctions as facilitated by eBay, but rather are controlled by the company. In this report, we'll expose what we at Citron believe to be many red flags at BIDZ .
Criminal Past Haunts Bidz.com - Barron's
David Zinberg is the CEO of BIDZ.com (NASDAQ:BIDZ), one of the largest online jewelry retailers. This year, the website is expected to auction $250M in jewelry to buyers across the world.
BIDZ Shareholders Fight Against Alleged Illegal Shorting
The internet has changed how shareholders communicate. Now many shareholders flock to different websites to blog with others about their favorite stocks.
Bidz.com Ceases Operations, Will Liquidate
Bidz.com, a formerly high-flying, publicly traded jewelry e-tailer, has ceased operations and plans to liquidate, according to court papers.
Overstock Adds Bidz Inventory to 'Jewelry Liquidation Vault'
Press Release: In a move reminiscent of the founding days of Overstock.com (Nasdaq:OSTK), the online shopping site and liquidation pioneer has purchased the entire inventory of online jewelry company Bidz.com, out of foreclosure. "We don't want to lose ...
Bidz.com Sells Colibri Bankruptcy Auction to Richline Group
Online jewelry retailer Bidz.com sold all the intellectual property, trademarks and tools that it acquired in the bankruptcy auction of the Colibri Group to Richline Group, Inc., wholly-owned subsidiary of Berkshire Hathaway Inc. The sold assets are of ...
Top 500 fashion retailer Modnique.com runs out of money and is poised to shut down
Modnique is a sister company of the struggling jewelry auction site Bidz.com Inc. On June 25, a group of Bidz.com creditors filed an involuntary petition for Chapter 7 bankruptcy in a Delaware court, according to public documents.
Putting BIDZ.com Shares on Sale
The company did not make Zinberg available to Barron's, but it says Zinberg didn't know of his associates' priors.
Overstock.com makes its biggest purchase of liquidation inventory
Bidz.com, ranked in the Internet Retailer Top 500 Guide since 2006, was previously a public company. But in early 2013 its parent company, Glendon Group Inc. took the company private amid declining sales. The merchant brought in an estimated $50 ...
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Glendon Group Completes Bidz Merger
The Glendon Group Inc. completed its planned buyout of online jewelry auction website Bidz.com. As a result of the merger, Bidz.com became a private company and its stock will no longer be traded on the OTCQB Marketplace. Shares in Bidz had been ...