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

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To: Denise D who wrote (7328)1/26/1999 12:56:00 PM
From: Crazy Canuck  Read Replies (1) of 37507
 
Denise, my warning bells go off any time someone who I don't know is convinced that a stock will hit a specific price target (low or high) and it is a dramatic change from where it is trading at the moment - and then throws in the comment "trust me." This is what Otto has done. He could be a very capable person who is looking out for everyone's benefit, or he could be an opportunist that is trying to drive the price to a level that he wants it to go. Remember, he said that he will tell us when it will look positive again?

I have said before that I don't day trade this stock. I am in it for the long haul. I like the business model and I like the management group. I don't relish watching the stock sell down, however as I have said before, I see it as a buying opportunity.

Too often I have pulled the plug only to watch the stocks take off the next day. I don't want this to happen in this instance.

By the way, I have enjoyed reading Mr.Forthright's posts of late. He has provided some good discussion to support up his posts. I may not agree with his views, however I appreciate a good balanced debate which helps all investors assess their actions. Thank you Mr. F.
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