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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Sili Investor who wrote (11208)3/10/1999 12:07:00 PM
From: Rich Investor  Read Replies (2) of 37507
 
Get with it MAN!

I wasn't posting out here by myself, but in response to RG for the most part who was asking questions.

As for BIDN, you don't seem to understand that this stock has MAJOR, and I REPEAT MAJORRRR, support. Your talk about daytraders is downright pathetic and wearing thin. A true sign you have no idea how to distinguish between a stock supported all by daytraders versus institutional support. I take it your OTC experience is somewhat limited. I think I mentioned before that time will tell whether BIDN holds up under these circumstances and it may or may not. Right now, $20/share for an AMERICAN auction company is considered quite reasonable by their standards. (An IPO price) What I was referring to was talk of $100 or $200 stocks. BIDN could achieve such a valuation, but most likely will pull back somewhat until some financials are released, at which point, the story will unfold much more clearly.

BII being a CANADIAN company ain't helping it's cause and history has shown that Canadian operations have on average not performed as well on U.S. exchanges.

I am finished with this debate for now. The "numbers" are out there for all to see and they're pretty ugly IMO. Do what you want with your stock or stick around as long as you want Sili, but don't be surprised if the Q1 is no better. Anybody who thinks Michael Jordan sound cards is going to turn this thing around needs their head examined.
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