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

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To: WhatsUpWithThat who wrote (24255)4/22/1999 12:43:00 PM
From: Boolish  Read Replies (1) of 37507
 
Hey Everyone,

Nothing has fundamentally changed with this company since we were at $32 but then again nothing has changed since we were once at $5. Although I was lucky enough to sell my position on Monday I definitely have not given up in this company....it has proven to be one of the most invaluable lessons I have learned thus far on the market.

Although I am looking for re-entry IMO there is only one way to play this stock at the present time...and that is from the sidelines or from the stand point of an experienced daytrader. There are simply too many unanswered questions and too many bitter investors who have gotten burned. For those of you who have continued to hold I have no doubt that one day in the not too distant future it will re-test the old highs.

It may take a while to restore investor confidence and the accounting incident is an issue that will need to either be resolved or become forgotten with time. The quarterly results I believe will be crucial.

To say the least it has been interesting....Bool.
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