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

To: F. Evans who wrote (1066)11/18/1998 11:08:00 PM
From: Steelguy  Read Replies (2) | Respond to of 37507
 
PLEASE don't mention Gandalf.....tough to find a bid/ask for them anymore isn't it????

Bid.com is no doubt becoming a darling of Bay Street and when this happens to a stock that is under 3.00 ......well....all bets are off right now because everyone can afford to play right now. No doubt that gobs of daytrading is occuring but right now I bet you would find it hard to hear a trader who wouldn't buy this stock on a .30 pullback. This will happen and they will just keep moving in. Eventually we are going to see a whipsaw like no tomorrow and there will be some " green " investors who will lose their breath over how quick a dollar can come off a $ 5.00 stock...But just after they sell out at $ 4.95.....Bang....it will be off and running again back over $ 5.00........they will buy back again....and so on and so on. We have all seen this and I for one will admit that it happened to me when I first dipped into the market....hit a quick winner and thought it really wasn't that hard to make a buck.......WRONG. But this baby is hot,hot hot...... And IF we truly see this puppy jump to Nasdaq without a BB after the symbol.........ALL BETS ARE MOST DEFINITELY OFF AS TO WHAT KIND OF NUMBERS WE WILL SEE. !!!!!

Enjoy.

*** thanks Waldo for all of your work on researching this stock....I am sure that many in addition to myself appreciate your information. ***

sg



To: F. Evans who wrote (1066)11/18/1998 11:34:00 PM
From: Dave Cash  Read Replies (1) | Respond to of 37507
 
I believe the price will level off eventually but at what price I don't know. The long term prospects seem very good. The company seems to be bedding down with all the right partners and the board of directors is made up of some very experienced people. E-commerce is still new to most people and will grow fast as it becomes more acceptable to the public.


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