Bid.com International (BIDS) Message Board

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

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To: The Osprey who wrote (3328)	12/8/1998 9:56:00 PM
From: F. Evans	Read Replies (3) of 37507

The best thing that could have happened to this stock was the day we spiked to $6.00 and it settled back down. (nothing goes straight up)It was too crazy before that spike. What that did since we settled back is that it keeps the flippers and day traders at bay and keeps them guessing. It slowly makes people lose interest and adds some stability. That way, it can settle itself into a nice little groove for accumulation. I did some calling around and what I managed to find out was that Godin jumped the gun when he mentioned he signed the licensing deal with a major cable company in New York. He shouldn't have said anything because the due diligence isn't complete yet...legal stuff like wording, dotting the i's and crossing the t's has to be completed. (the deal is done though) The news should come out either just before Christmas or in the new year....not over the Holidays though as they want big impact. It's BIG news....expect new highs right after the news comes out. Until then, expect a range of between $2.50 to $3.50 while consolidation takes place and the jittery and un-informed players get out. Also, still haven't been able to confirm whether or not Godin was in Seattle talking to the Amazon people yet. One broker I know is rating this a strong speculative buy at these levels. Also, it's been confirmed that that Taurus Capital guy didn't even meet with or call the company when doing his report...Now how can the report have any credibility when he didn't even meet with anyone from the company to discuss the situation?? I've got too much invested here to not want to do my homework. Chief mentioned it before....don't sell yourself short and miss some major news. This is not a promo....it's the real thing. Cash in the bank and major news on the way...Let's hope the internet bubble doesn't burst before that though. Frank

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