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

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To: Denise D who wrote (10822)3/4/1999 7:43:00 PM
From: Steelguy  Read Replies (2) of 37507
 
****** ot *****
>>>>Planet America Inc. -PNTC- to Launch 1,200 Local Area Web Portals that will Capture the US $1.7 Trillion Retail Market<<<<

Denise.....
this is not to say that you are promoting this company but I just want to caution all if they are considering buying this company due to this release....
I know nothing about PNTC however.....I have seen MANY times news releases by BB companies and other companies when they state they are doing something to " capture a market worth $1 billion, trillion , whatever zillion...it doesn't matter ".....that this is a RED FLAG in the hugest way.
Now, this is my opinion as to the flag but I would like to bet anyone here that 6 months from now....PNTC will not be trading at anywhere close to what it is trading at now....These types of news releases are meant for a " last ditch pump " to get more people to take paper off of market maker and insider's hands.
NOW>......I have no idea if this will really happen here but I am just going by experience where I have been burned and this rings too familiar.

I would say that, in my opinion, we should not be upset at all if BID.COM is never mentioned along with this company.

*** I know that I may sound a little arrogant in this post but I am not trying to. I could be totally wrong but I just wanted to share my thoughts as this is what these boards are for. ***

all the best Denise and again, I am not thinking that you are in any way pumping or promoting this company.

take care.

sg
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