Bid.com International (BIDS) Message Board

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

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To: Denise D who wrote (10747)	3/3/1999 4:55:00 PM
From: Sili Investor	Read Replies (1) of 37507

>>>And I don't need reminding about ALFN, I'd take a PR that does "squat" than results in "sell on news" that goes on for a week or more. ALFN doesn't even come close to BII.<<< Very excellent point Denise. The old market saying, "buy on rumor, sell on news" only works if in fact others are buying on news. A good indication of a stock's strength is the amount of selling that occurs after a PR. If it tanks, then you have a dud company that was hyped. If it's stable, then most are holding and have belief in management. If it moves up, then it is because most are holding and even more want to hold. The press releases by BII were released to keep investors informed. What else are press releases for? It's not for the customers, thats what advertising is supposed to achieve. BTW, I hope you had a chance to purchase some BIT. Looks like it will continue its slow rise up because most shareholders are holding. I continue to like it primarily cause it makes money and is also internet based.

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