Kris,
Just out of curiosity, what makes you think I lost money on ALFN? Why you brought up ALFN on a BII thread anyway, which is not even an auction site, is beyond me.
I only offered the opinion that I'd take a stock with more stable upward potential as it approached what could turn out to be the day when it could join the big boys of on-line auction. Did you say I couldn't handle OTCs? Perhaps. I guess we'll see where ALFN goes.
"Blatantly overvalued" refers to the fact that BIDN hasn't even held an auction, nor have they any earnings or revenue to date (so has been said). 'Course I never claimed BII wasn't overvalued, but I can live with that as an investor, because I can believe the company will actually hold an auction. Also, BII does have a business plan, revenue, and strategic alliances. Many believe (as do I) that internet stock valuations are based on what the company's potential is, but I need to some some firm action on the company's part for that potential.
Laughing all the way to the bank? Sure, but I'd sure feel sorry for the poor sap that bought those stocks just before it fell back down.
Try telling that to people like Sili Investor or Denise, Mike, who prefer to chalk up any price movement on the OTC is a pure scam or P&D all the way.
Did I say BIDN was a scam? Hmmm, don't recall that.
Denise. |
