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


To: the Chief who wrote (1664)11/25/1998 11:09:00 PM
From: Goldbug Guru  Read Replies (1) | Respond to of 37507
 
Chief, are you #1 or #2 ?



To: the Chief who wrote (1664)11/25/1998 11:14:00 PM
From: Steelguy  Respond to of 37507
 
Evening Chief,
I was busy today so didn't get to see the action on SI much and just got caught up. Did you get more BII today under 2.80???

This trading is good in my opinion......I really don't care what happens in the next couple of days because I am convinced that it is only a matter of time before a huge NR comes out and the spin in the press will send us much higher....
Just look at the closing prices and see that ...just as I had mentioned on the weekend ( not meaning...look at how right I am )...the price continued to bounce but ALWAYS finding a new and higher support level....
Your three dollar ceiling is a strong one to be sure but yesterday showed me that the market is not afraid to whack that $3.00 if it feels so moved.... One moment yesterday in the early afternoon there were 500+ boardlots on 3.00 and then....*poof* gobbled up ......This will happen again and we will look stronger still.

sg

edit: don't like the number of this post at all.



To: the Chief who wrote (1664)11/25/1998 11:18:00 PM
From: AL  Read Replies (1) | Respond to of 37507
 
I fully agree Chief. If someone has some constructive input, either good or bad, I will listen. Bashers I have no use for. I don't have the time for a contest either, so the last comments are probably my last. It expecially pisses me off when these people express their views with INCORRECT and UNINFORMED information. FAlling in love with a stock is a bad idea. I am here to make CASH, so any TRUE negative information is usefull to myself as well.

Regards, AL



To: the Chief who wrote (1664)11/25/1998 11:18:00 PM
From: keith massey  Read Replies (1) | Respond to of 37507
 
Hey Chief

I agree with the individual that pointed out the Bid.com site is mediocre (could barely read the text on the right of the screen) and that the products are run of the mill. For sake of argument lets say they sell $25,000/day from their Canadian and American sites and out of that $7,000 is profit. That equals $2.55 million a year or around .08/share after the warrents giving it a P/E ratio of 32. Of course I am totally guessing at these numbers.

If this was any other type of company I wouldn't take another look. However this is an internet company and all rational decisions get throw out the window. I have checked the sites of several of the internet auction house that are selling for 10 times the market capital of bid.com and some of them are terrible with yard sale products. I could throw together a better web page then some of them in a weekend and sell the stuff in my basement.

So what my point.. since you can't value the company or their products and service I am going to trade it on pattern alone. They are in a bullish channel right now.

Best Regards
KEITH