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

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To: pud* who wrote (5035)1/9/1999 10:48:00 AM
From: the Chief  Read Replies (3) of 37507
 
Hi pud. You heard a totally unfounded rumour and everyone would know that! Certainly if it "truly was a rumour" you would have seen it on this thread". The stock isn't trading at a high enough stock price to trade NASDAQ small cap. The rules for listing are clear, this stock does not qualify for NASDAQ listing yet, period!! It likely won't until Q2 99 assuming a good Quarterly XMAS report!

if it wasn't for this rumor i think this stock is a short and a half at these levels!! remember, once this hits the big board, it will resemble it's sector and that will lead to much larger stampedes into and out of this piece of crap.

Shorting is, in this democracy, the ability of all...so far shorters have been crucified...at least this week. Thats what I like about the markets, I can do either, I will begin to short this stock at $9.00+ Canuck, if a NASDAQ listing isn't in the offing!

Us lowly canucks brought this thing up to $6.00 which on the scale of "Internet stock worth" is chump change! Now that thestreet.com had an article on it, we likely will attract the "first wave" of US investors who want to ride it up!!

"piece of crap".......I won't even ask you what you call EBAY then!!!<gggg>

Good luck to the longs and shorts!! However, being on the long side makes me want to root for us more than you!<gggg>

Articles in Canuck papers this morning are quoting an analyst as saying that Bid.Com is "grossly undervalued in comparison to the other Internet stocks"!

Which is true...however, how does anyone justify EBAY????? I can't!

the Chief
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