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

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To: waldo who wrote (4252)1/4/1999 2:40:00 PM
From: Rich Investor  Read Replies (2) of 37507
 
Just heading out for my lunch break, thought I'd put up a post for the heck of it.

Nice to see the market is up today, but let's not all lose our heads and assume this is going to be the case for the rest of this week or next. Two weeks in the market can be like an eternity and anything can happen. Today's rise is probably just the result of everyone's excitement over the new year (maybe some haven't recovered from those new year's parties and still feel the effects of the booze!) I still stand by my predictions of a downturn for this stock in the short-term, and if I'm wrong, round of beers and cuban cigars on me for all fellow threadsters!

P.S. by the way Chief, I didn't mean to suggest that your $3.50 "first floor" price was unrealistic altogether, I just don't happen to believe that it will serve as a good foundation (short-term) until we shake the volatility off this stock towards the end of the month.

Kris AKA: THE DEVIL'S ADVOCATE
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