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

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To: Steelguy who wrote (10893)3/5/1999 11:49:00 PM
From: Sili Investor  Read Replies (1) of 37507
 
SG,

I, too, agree that with more risk comes the potential of more reward. What I don't understand is that there is still alot of risk in this stock. IF BII didn't get NASDAQ, or it ended up trading OTC-BB, then a decline is quite likely, so therefore, there is still risk in this stock.

On the other hand, one could argue that those that wish to take the risk have already jumped in, those that have jumped in are holding, and the volume now represents small players getting in and out as well the churning to keep it stable.

As well, stock playing is all psychological. Many are feeling the heat, getting out of the kitchen and wait on the sidelines for an indication, one way or the other. There is no such thing as easy money, but you would have to admit the best way to make money is buy when people are selling (as long as there are reasons to believe it is a short term bear), and sell when people are buying (unless you believe it's a long term bull). So what is happening now.....everyone waits, the small players get nervous and cash and the small players not in don't have the capability to move the price.

Just my thoughts.
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