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

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To: F. Evans who wrote (1066)11/18/1998 11:08:00 PM
From: Steelguy  Read Replies (2) of 37507
 
PLEASE don't mention Gandalf.....tough to find a bid/ask for them anymore isn't it????

Bid.com is no doubt becoming a darling of Bay Street and when this happens to a stock that is under 3.00 ......well....all bets are off right now because everyone can afford to play right now. No doubt that gobs of daytrading is occuring but right now I bet you would find it hard to hear a trader who wouldn't buy this stock on a .30 pullback. This will happen and they will just keep moving in. Eventually we are going to see a whipsaw like no tomorrow and there will be some " green " investors who will lose their breath over how quick a dollar can come off a $ 5.00 stock...But just after they sell out at $ 4.95.....Bang....it will be off and running again back over $ 5.00........they will buy back again....and so on and so on. We have all seen this and I for one will admit that it happened to me when I first dipped into the market....hit a quick winner and thought it really wasn't that hard to make a buck.......WRONG. But this baby is hot,hot hot...... And IF we truly see this puppy jump to Nasdaq without a BB after the symbol.........ALL BETS ARE MOST DEFINITELY OFF AS TO WHAT KIND OF NUMBERS WE WILL SEE. !!!!!

Enjoy.

*** thanks Waldo for all of your work on researching this stock....I am sure that many in addition to myself appreciate your information. ***

sg
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