Bid.com International (BIDS) Message Board

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

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To: Muwamba who wrote (13024)	3/25/1999 7:02:00 AM
From: Kevin Hamlin	Read Replies (1) of 37507

So where to from here? There's been a few of us here in and out of this stock since the days it was back in the $1.00 range.(Ohhh to have bought and just held!) I think the past two days have been very significant for Bid Com. More than just the decent price rise and volume, I think what is FAR more important is that is becoming very clear that a Nasdaq listing isn't just "a dream"...it WILL become a reality. And at that point, I would expect Bid Com's price to trade accordingly. Draw your comparison to whatever U.S. Internet play you wish, and it's pretty clear that $10.00 Cdn is still ridiculously undervalued. I've always maintained too that Bid Com will trade much higher as a Nasdaq listing becomes obvious, i.e., we won't have to wait until Nasdaq to see a price that reflects somewhere in the range of the trading value once BII is actually listed there. Again, even at $10.00 Cdn, I don't think BII is anywhere close to where it will be over the next few weeks. I think BII is only on the threshold of realizing the next stage in price rise. Given that BII has entered the beginning of this next stage, I bought again yesterday and will add this position to my long term account. I see BII's performance from here in three stages. 1) Massive accumulation of shares (much more of a "buy and hold" strategy), as people get their shares in anticipation of Nasdaq. This will lead to a very significant price rise over the next several weeks. 2) I would also expect a massive pop in price the day the imminent listing is announced. 3) I would expect another huge price rise one the day BII actually starts trading on Nasdaq. In a nutshell, I think this party is only is only just getting started. Where else can you get in on a great Nasdaq Internet IPO way in advance and at a price far below where the IPO will actually be?!! Congratulations to all who have held and/or played BII along the way up until now. To coin a phrase..."I don't think you've seen nuttin yet!!" Regards, Kevin

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