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

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To: Joe See who wrote (5866)1/13/1999 7:44:00 PM
From: SliderOnTheBlack  Read Replies (4) of 37507
 
<< "Internet stocks will crash next week '' >>

Yes; CNBC is trying way, way too hard here.

...and we saw how the Street would react if they (CNBC) are successfull.... BUYING all they can shakeout of anyones hands. How many stop-losses were taken out today by the MM's ?

The motives look awfully suspicious; when it is now a given that the Funds were buying AMZN AOL CMGI in the face of todays blowoff... The same principal applies to the Internet as to Brazil; we've been here & done that (crash thing) before... When CNBC cries "Wolf'' are they more interested in setting up the Big Boys who missed the boat, or want in again on the cheap, or protecting the little guy ?

Brazil - Schmrazill; Uncle Al & the IMF aint gonna just stand there and watch BT, CMB, CCI etc fall... hell; they were willing to save LTC ! Hey played the Commodity deflation card; where they could cut Rates Globally - now I'm playing the ''he can't & won't let Brazil crash'' card, in buying into this Internet blow off on ''Brazilian'' fears... He dealt the hand - now lets play it !

The world aint coming to an end anytime soon & Brazil has ''zippo/nada'' to do with the Net.

This is a winner here folks; congrats to those who were here early and to anyone that had icewater in their veins and bought the high-flyers into the dips - Kudos ! I much prefer to find the ''next'' undiscovered company, than to buy AMZN here at these valuations; but obviously - this one has a ways to go.

See you all on NASDQ
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