Good Afternoon everyone!
I'm back from our hockey tournament. Great trip, lots of laughs, and good time with my son. Life's good.
Kris, what's the old saying . . . "All good things come to those who wait".
In my case, I believe that waiting for a while longer shouldn't be hard to do. During this time, the markets (and selected stocks) will go both up and down. I know that even as I type this, some stocks are going through the roof, and others will be crashing to the basement. Yes, I would like to go after and play them all, but I can't, and I have done my homework on this company, and I really like what I see. So I watch the others race by (both ways) and know that our time is coming.
I agree strongly with Sili, in that for the next while this is definitely a buy and hold stock.
The Nasdaq listing is now just a matter of time. The potential for the huge number of U.S. investors who as yet don't know about this company is staggering. If the only thing that I felt that we had to look forward to was the Nasdaq listing, then it would concern me. I believe that this company has box full of silver bullets that will take us much higher.
It also strikes me as interesting in that this thread hasn't really picked up on the fact that when the the doors to the European market are opened (when the Dublin office opens), it will mean that Bid.Com will be presented with another staggering opportunity to introduce this stock to the millions of European investors. Remember the European's don't even know about this company yet! When the marketing begins in earnest, the fact that Bid.Com is already listed on the German exchange will make it much easier for them to place orders to purchase shares. They will obviously have to purchase them from the existing shareholders (A.K.A. you and me). This sure seems like a great opportunity for the share value to appreciate.
Bid.Com's management team must be seriously considering the double whammy effect of tieing the timing of the opening of the European office (along with their advertising of this company and its stock listing) together with the Nasdaq listing (and their of marketing of this company and their stock in the U.S.). Hey, does anyone know just how many people are in the U.S. and Europe anyway? Is it 15 to 20 times the number of people in Canada? Oh yeah, I just remembered something about the fact that only 10% of the shares are now held outside of Canada.
I remember how much I wanted to own shares of Bid.Com when I first heard about this company and started to compare it to valuations of other perceived competitors. I think that during these last number of months that all the share activity, discussion on this thread, etc. etc. will be nothing compared to what is headed our way.
So, to add to Sili's comments, I too am not concerned now about how many shares are being traded, or that lately we have lost or gained only a dime each day. "I got mine, and I ain't parten wit em"! This is because I know, that in the near future I've got something that a whole lot more people are going to want to own - and they will have to pay a pretty dear price to get them from me!!
Talk to you soon!
Crazy Canuk |
