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

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To: 45bday who wrote (2292)11/30/1998 8:38:00 AM
From: the Chief  Read Replies (1) of 37507
 
Hi solution. BII is a novelty stock for the Canuck market. We have very rarely the opportunity to get on a craze like the "internet" here in Canada. So like any stock in the US and Canada, the brokerages extract their pound of flesh. Once the huge price swings begin to settle, the "quick money brokerages" will vacate the stock and allow the natural progression under a more "sane" condition.

So in answer to your question. This is the price you pay from a catastrophic leap in share price....MM's and brokerages. The naysayers say that once these people leave than the share price will suffer. I disagree!! First of all we needed them to get the shareprice up and produce the activity and publicity to raise the profile of this company. Secondly once the erratic price swings cease, then the company will add the stability it needs and progress on its own merits!! Contrary to some beliefs...the first profitable Internet company...wins!!! My bets are that it will be BII...we'll see!

the Chief
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