RedHotStocks

$STMP LOOKING FOR A REVERSAL. BIG GAINS POSSIBLE

Long
NASDAQ:STMP   None
Looking at the chart it is clear to see that it is very difficult to catch a bottom. It looked as if they selling had concluded on several occasions in the last 12 months, but it just kept dropping. We will have a close eye on STMP over the coming days as on Friday it actually gave a 10% gain. Small Dollar moves give great percentage gains.


Company Description
Stamps.com, Inc. engages in the provision of Internet-based mailing and shipping solutions. It enables small businesses, enterprises, and online retailers to print U.S. Postal Service-approved postage. It operates under following segments: Stamps.com and MetaPack. The Stamps.com segment derives revenue from external customers from offering postage online and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers. The MetaPack segment consists of the operations of MetaPack which derives revenues from external customers from offering multi-carrier enterprise-level shipping software solutions to large e-commerce retailers and brands.


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