NAUC.PK

[saffeysite1]

Some of my penny stocks have been outperforming my large caps this week.

This company is working with e-bay.  People can drop off their stuff to this company, which then places it one E-bay.  That's the gist of it. 

[David Randolph]

... do you know what is the market cap of NAUC? I couldn't find it anywhere.

Thanks.

[AussieTrader]

49,154,500 issued shares
500,000,000 austhorised shares
5,004,500 shares freely tradeable

Its a pink sheet stock so info and rules not as freely available or as tight as a Nasdaq/NYSE or OTCBB stock.

Myself I don't touch pink sheets, but good luck if you bought.

Mike

[maris]

I understand one of the people in management and promoting this stock has been busted in the past doing shady stock manipulations

[sebfr]

Good news and ascending triangle breakout for soon...

Buy at 1.720
target at 3.500
stop loss at 1.300

news :
Net2Auction's Second Warehouse Nears Capacity Due To Business Growth; Net2Auction Is a Leading Provider of Auction Drop-off Services
11/9/05       

LAS VEGAS, Nov 09, 2005 (BUSINESS WIRE) --
Net2Auction, Inc. (Pink Sheets: NAUC) today announced that after September's expansion with a second warehouse/storage facility to accommodate the growth in demand for its eBay consignment services, the facility is reaching capacity with items it has received to sell through eBay.

"The surge in the growth of our business has continued, as we continue receiving more orders and selling more items for our customers through eBay," noted Delmar Janovec, Net2Auction's CEO.

"Thanks to continued growth in our drop-off and pickup business, as well as a large industrial liquidation order, our second warehouse received more than 36 pallets of items to sell which are now pushing to its storage limits. This is obviously a good problem to have, and if our business continues to grow as expected, we will plan to obtain additional warehouse facilities for our customers' inventory."

"We are now listing more eBay auctions than ever in our company history. While these numbers fluctuate on a daily basis, they are a strong indication of the growth of our operations and we expect this upward trend to continue," Janovec concluded.

Net2Auction's new facilities were required due to increasing demand for Net2Auction's eBay drop-off services, in addition to its expansion objectives with plans to deploy its eBay drop-off services nationwide, planning for 75 eBay drop-off locations by year-end.

Net2Auction is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at company locations. Net2Auction's virtual store tour and promotional video can be viewed at http://www.net2auction.com/videos.html.

Net2Auction is positioning itself to be the fastest growing company in its space in terms of establishing eBay drop-off locations at a faster rate than any other company in the marketplace.

Net2Auction allows people to easily sell their items on eBay by dropping unwanted goods off at company locations. The Company provides a full-service eBay auction listing program that boasts a customer satisfaction rating that exceeds 99%. Selling on eBay with Net2Auction is easy -- customers just bring valuable, yet unwanted goods into a Net2Auction drop-off location and we do all of the work.

Customers can get in and out of our store in less than five minutes, and we take care of all the eBay selling tasks including product description, photos, payment processing and collection, and shipping. In exchange for providing eBay drop-off and consignment services to its customers, Net2Auction charges a service fee against the final sale price of the item.

With national expansion plans, Net2Auction currently offers eBay drop-off services at 49 locations through partnership with pack and ship centers, as well as back-end processing services for 23 affiliate eBay drop-off locations in 15 states.

Net2Auction has a winning formula for success; we have minimal cost of inventory, we are undergoing rapid expansion, and we earn lucrative consignment fees while making our customers money.

As auction drop-off services such as Net2Auction are gaining the momentum that has been expected, industry analysts expect this exponential growth to continue.

More information is available at www.Net2Auction.com. Investors and media can receive a free investor kit for Net2Auction, Inc. by contacting Investor Relations at [email protected] or 800-450-1935. Net2Auction's virtual store tour and promotional video can be viewed at http://www.net2auction.com/videos.html.

ABOUT NET2AUCTION

Net2Auction, Inc. (Pink Sheets: NAUC - News) is a leading provider of auction drop-off services that allow people to easily sell their items on eBay by dropping unwanted goods off at Net2Auction locations. Getting its customers in and out of its drop-off locations in less than five minutes, the Company offers a full-service eBay listing program that requires almost no effort on the customers' part.

Currently offering eBay drop-off services at 49 locations and backend processing services at 23 affiliate locations in 15 states, Net2Auction's growth is fueled by the increasing number of consumers who would like to sell unwanted goods on eBay but don't have the time, energy, or know-how to do so.

Technicals :
MACD turns in positive territory
An ascending triangle breakout is preparing...

[setravis]

Look at the price now.......
This sucker has been rolling down hill like a snowball headed for hell ! 
"A piece of junk!"