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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Pluvia who wrote (28538)4/29/1999 9:47:00 AM
From: NTT  Read Replies (1) of 37507
 
>>>1. That makes your decision not to sell a good decision? <<<

Depends on your strategy. If it is long term, then you hold onto your shares because you know the decline is not directly related to your stock. Rather it's a general industry trend, and as you well know, these trends change every few days.

If you are a short term trader, then of course it's a good idea to move some shares out and buy them back at a more attractive price if you feel the downtrend will continue.

>>>2. That makes it a good idea to HYPE investors on this over priced pig so unwitting investors buy and lose their money?<<<

Valuation is relative. To you it seems overpriced. To others it's severely undervalued compared to its peers. As long as there is investor interest, this will continue to move up. And you should know better than anyone else that it's not new long term holders that will pump this up to stratospheric levels -- it's the daytraders.

There are lots of hypesters and bashers on this thread. Your views do not reflect reality. You are bashing simply for personal gains. If you suddenly went long on this company you would be praising the hell out of it and telling everyone how this will beat out EBay. Didnt you do that with Teletek?

So I ask you this Steve -- do you have any useful information for this thread? Otherwise I put you in the same lowlife category as the other hypesters and bashers. Both do it to instill hope or fear for personal gain at the expense of others.
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