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

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To: R.E.B. who wrote (5326)1/11/1999 7:09:00 PM
From: Sans Souci  Read Replies (5) of 37507
 
Incredibly, we could see $10.00 PER SHARE ON TUESDAY. Activity and interest are picking up sharply as people realize that the planned NASDAQ listing is not that far off, and, that IT'S GOING TO HAPPEN. We have now solidly taken out the old high, which is extremely bullish. Also, it's still only Monday!

If you fast-forward a couple of months, does anyone really think the price will still be CDN$7.50? (US$5.00) Once U.S. trading begins, BII could easily hit US$10-20 or CDN$15-30 in its opening week. Certainly by then we will have had one or more significant, positive announcements (eg: cable deal, Euro expansion, financials/revenue update, buyout attempt?, etc., etc.)

Despite the cheesy Web site (PLEASE..... someone at BII, pay a top-notch Web developer to revamp the site! Anything along the lines of Ebay, Yahoo, or Amazon will do nicely.), the market is saying that this one's a keeper. Personally, I'm not selling into the upcoming corrections, since I plan to be around about 300% upwards from here. Lock your shares up for at least 12 months, and only then consider selling.

S/S
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