BIDZ.com (BIDZ) In Free Fall

November 27, 2007 12:16 PM EST
BIDZ.com, Inc. (Nasdaq: BIDZ) continues to see heavy pressure, even after reaffirming guidance earlier today. The main reason for the sell-off is a negative report from Citron Research yesterday, questioning the company's online auction business model. Link To Report

The stock is down about 30% today after falling 17% yesterday.

We are hearing BIDZ may make a public statement about the Citron report.

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