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

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To: Tom O'Dowd who wrote (2864)12/3/1998 11:34:00 PM
From: Orwell  Read Replies (3) of 37507
 
To Foolish monday morning quarterback. All "insiders" make money when a company is just starting out in an IPO fashion. As the company grows and prospers, then the investors make money.

Nevertheless, today's action solely due to one, likely shorters, opinion which gets national coverage. No more valid than anyone elses opinion. Then of course, the stock falls further when NON-INVESTORS sell, I.E. those people (and you know who you are), who should not own this stock, or any stock, either because they are just in for a quick $, or who can't stomach holding something that goes down in the short term of just ONE DAY.

This is why there are CORRECTIONS, to clean out those who shouldn't be in stocks in the first place.

Neophyte traders please stay away from BID, investors either can now BUY MORE, or only look at the quotes once a month and don't worry in between.

O.
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