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


To: Bill Jackson who wrote (498)7/12/1998 1:25:00 PM
From: fuzman  Read Replies (1) | Respond to of 37507
 
Geeze Bill I guess you think a large majority of the Industry experts are wrong, depending on who you are talking to this may only be the tip of the iceberg.

From what i have been told it was a lot of the underwritten shares that were dumped that contributed to the decline, also a hedge fund & also mad investors. Let not forget that this major selling didn't start until the stock was $3.50 . Now if the company had attempted to promote themselves this wouldn't have happened but since they were looking for financing I guess they couldn't. I'm not sure how this works?

If these company's are to be the wall marts of tomorrow, sure they will have to change & become more of a dep't type store, but I guess you have to start somewhere.
I don't know how things could be more expensive as their is no overhead on buildings staff ect & how are people going to survive without no advertising doesn't work now why would it change? Let's not also forget some say the real money to be made is in the business to business format. Already some of these companies are feeling the heat & will be forced out of business. The strong will survive & I hope this is one of them.

By the way they do track their repeat business numbers as it is very important, once you have them hooked you have to reel them in. ONSL just had their 6 million th bid, in three years pretty impressive don't you think.

If you are this interested in the company i suggest giving them a call maybe you can set them straight?

Regards fuzmzn