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

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To: RG who wrote (11164)3/10/1999 11:09:00 AM
From: Rich Investor  Read Replies (1) of 37507
 
LOL!

RG,

Your just "pumping" the questions out now ain't yah? LOL

As I stated in my last post to you, the industry leaders have major backing behind them financially and even though BIDN has yet to show the "numbers" that company obviously has some major support behind it. And it has nothing to do with daytraders in themselves.

The reason why BIDN is so high is because that company is viewed as the next EBAY, and when it hits NASDAQ, it will soar due to the low float and major profile it will receive. It already has managed to get front page coverage on SI and I am sure other websites as well.
This is what makes the difference in this market, and as much as I hate to admit, being an American company doesn't hurt either.

I know this seems pretty weird, and it probably is, but in this business it would appear that what matters the most is not "what you know or what you can do as a company, but who you know and who is willing to put up the cash to expose you to the masses" And the share price rises accordingly. Go figure! LOL
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