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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: zidane who wrote (612)7/29/1998 7:29:00 AM
From: NorthWolf   of 37507
 
Well, no I'd have to disagree with you there. I think I've been consistent in saying that emotionally I like this stock but that on the technical side it just doesn't hold up.

It appears that its supporters on this thread are "rabid" anti-intellectuals who for the most part are unable to provide even rudimentary analysis to support their faith.

On the question of selling, no I'm not saying that you or anyone else should sell now. I was simply responding to an earlier post of someone who was posing the hypothetical question of whether they should sell this year or next for the tax loss. My answer was essentially, that I thought that they should sell now, since I don't think the company will be around in 1999.

Now I'm not saying it'll go bankrupt because its spending money faster than it earns it or anything. I think another company may "liquidate" it and hey some of you might even get a premium on your purchase price if you can wait that long (How's that for positive thinking ?).

Good luck to you all, I'm going out to howl at the moon now...
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