SOLD had a strong day on Friday, trading up over 18% to finish the session at $9.45 after announcing that they had raised their Q1 guidance. Volume was heavy on Friday, with over 2.4 million shares changing hands, compared to a normal daily average of just over 500k shares. In a positive note for longs in the stock, buying interest seemed to increase throughout the day, with the stock closing right near its high. SOLD announced that they are expecting to report EBITDA for Q1 of more than $4 million, up from previous views of between $3 - $3.5 million dollars. The company also said that it expects quarterly revenues of $26.8 million dollars, up from a previous forecast of between $25.5 - $26 million dollars. As of Friday’s close, SOLD had a market cap of just over $240 million dollars.
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