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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: JEB who wrote (37287)2/26/2000 7:12:00 PM
From: Robert Dirks  Read Replies (2) | Respond to of 37507
 
Ah well, I could see the selloff coming, so be it, they used up a wadd of cash but... much of it went into their B2B.
FMKT market cap $6.5B and CMRC is $15.5B, so BIDS is in good company.
Actually I thing BIDS is now in an oversold state, and a bounce back near $9C would not surprise me.
The sell on news gang had their day.

NOW im glad Q4 earnings out of the way, they had major deals announced that should begin to show results into this year only.
If they can drum up 1 major B2B deal/alliance with a major international co. we are home.
This is what im looking for, and a whack of other investors who whould jump into BIDS - but only then.

IMHO still better to be in this roller coaster than to be out and miss the big move yet to come - no one can time that.......