Hi, all...been out of BII for a while now, not because there's anything wrong with the stock, but because I'm waiting for a change in the trading patterns. But have been reading the posts to this thread with great interest. FWIW, I've got no problems with anything Waldo posts - I think he's right on. As an example of an internet stock with presence on the TSE, I think BII is excellent - if revenue projections are accurate, then this stock is grossly undervalued.
While it's still too early to tell what the future holds, the business plan, the alliances, the global reach - it all looks good. When I read what Waldo is saying, I take it as a comment on the exciting potential of internet stocks in general, as well as the merits of BII in particular. As a speculative play on an internet stock from within Canada, it doesn't get much better than BII, especially at this price. If BII meets the projections, then a share price of $10 - $20 in 12 months isn't unreasonable; if it starts to trade on NASDAQ, and catches the American fever, then the sky is probably NOT the limit! So, I'm doubtful that any regulator will find fault with comments made by Waldo - they simply reflect enthusiasm about a hot, HOT sector, and a very good Canadian stock within that sector that we can all afford to buy into. Put another way...even if I knew Waldo was a PAID Pied Piper, I'd still think he was right.
Good luck to all. Regards,JK |
