I have another eBay sale ending tomorrow and I'm currently breaking even. This will potentially by my worse eBay transaction (but I should at least break even).
My grand totals for 2005 are as follows (not including the pending transaction):
Total cost: $490
Total revenue: $989
Profit = $499
Return percentage = 101.84%
So far, my worst sale has a return of 33.9% and my best sale had a return of 212.50%
It's all about supply and demand!
Two quick points: I'm going to look further into Aeropostale when I get a chance, since it has been sliding from 34 to 25.75 these pass couple of weeks. I've owned ARO in the past and made a decent return, maybe I'll get another chance to make some more gains.
Today, I came across a good article off the Motley Fool site (you might need registration) about Warren Buffett and the discounted cash flow valuation model (DCF). It involves some math, but it's an important read.
Before I sign off, I had a quick question about Jones Soda (maybe stockdiva can help?). I've been looking at their financials from 1999-2004 and I was stumped at one part. Sales in 2001 was about $23.6 million, while in 2002 sales came in at $18.56 million. I also research the locations where they sell their products and there's a strong correlation between sales and the number of states (and provinces) where they sell.
In 2001 the products were sold in 41 states, while in 2002 they were only selling in 30 states.
Why the big drop-off in the locations where they sold?
Also if anyone would like to comment (or email) on how I can make this blog better. Do you want to see more links, more personal finance stuff, more stock talk? I'm open to all suggestions, thanks!