LIQUIDITY SERVICES INC

Ticker: LQDT CUSIP: 53635B107 Class: Common Stock

ASHFORD CAPITAL MANAGEMENT INC's Holding History (CIK: 0000897070)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 18,950 Value ($000) $155 Avg Close $10.89 Range $7.41 - $13.80

Q3 2014

Shares 352,561 Value ($000) $4,848 Avg Close $14.35 Range $12.41 - $16.00

Q2 2014

Shares 499,165 Value ($000) $7,867 Avg Close $16.29 Range $12.05 - $27.14

Q1 2014

Shares 249,135 Value ($000) $6,490 Avg Close $24.32 Range $20.24 - $27.33

Q4 2013

Shares 236,135 Value ($000) $5,351 Avg Close $25.16 Range $20.37 - $33.83

Q3 2013

Shares 267,135 Value ($000) $8,949 Avg Close $31.80 Range $27.26 - $38.31

Q2 2013

Shares 273,735 Value ($000) $9,490 Avg Close $34.41 Range $28.72 - $40.90

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	18,950	$155	$10.89	$7.41 - $13.80
Q3 2014	352,561	$4,848	$14.35	$12.41 - $16.00
Q2 2014	499,165	$7,867	$16.29	$12.05 - $27.14
Q1 2014	249,135	$6,490	$24.32	$20.24 - $27.33
Q4 2013	236,135	$5,351	$25.16	$20.37 - $33.83
Q3 2013	267,135	$8,949	$31.80	$27.26 - $38.31
Q2 2013	273,735	$9,490	$34.41	$28.72 - $40.90