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


To: the Chief who wrote (2120)11/28/1998 8:48:00 AM
From: Cush  Respond to of 37507
 
Add this to the good things happening with Bid.com.
This is a company that needs exposure to draw people to it's internet auction site. Imagine what the past two weeks have been worth in terms of advertising. The next set of quarterly numbers are going to reflect a major increase in site hits (IMO).



To: the Chief who wrote (2120)11/28/1998 8:57:00 AM
From: Ed Pakstas  Respond to of 37507
 
Interesting...ed



To: the Chief who wrote (2120)11/28/1998 9:25:00 AM
From: Steelguy  Respond to of 37507
 
Chief....don't even joke with me.....I just got back from the store....have the Globe and Mail and the National Post downstairs uncracked with a coffee waiting ( I love my wife :o) ) and thought I would pop up here first to see what is happening.

Great daytrade gone bad Chief.....loser.

sg



To: the Chief who wrote (2120)11/28/1998 9:28:00 AM
From: Steelguy  Read Replies (1) | Respond to of 37507
 
CHief and all,

Subject 23871
Here is a new site of interest...
I have posted to people there and have now got a response back with some interest to learn more about our little gem of a company. I hope they ( the Americans ) will realize that this is no joke....this sucker is going...........higher.

I feel like owning some more now so let's have an auction...

1,000 BII.....Steelguy bids $5.05....any takers?

sg
** edit **
I seeeeee you are all pros at this....ok....a little hardball huh......hmmmmmmmm $ 5.55 1,000shares anyone.??



To: the Chief who wrote (2120)11/28/1998 9:59:00 AM
From: Ditchdigger  Respond to of 37507
 
Morning Chief, would love to read the article,can anyone scan it or can it be viewed it online?....DD



To: the Chief who wrote (2120)11/28/1998 10:01:00 AM
From: BC  Read Replies (1) | Respond to of 37507
 
I tried to find the article about the CEO of Bid.com being "solicited by NASDAQ" I couldn't find it on The National Post web site.I don't have access to the National Post newspaper. Would it be possible to post that article?

Thanks

BC



To: the Chief who wrote (2120)11/28/1998 3:54:00 PM
From: Fass99  Read Replies (5) | Respond to of 37507
 
Not to dampen the enthusiasm around here, but remember a couple of things:

(1) To get the NASDAQ listing, the stock will have to break the $6.25 mark on Toronto. Given that there is still a general negative attitude on smaller caps, expect *extreme* short-selling pressure. Actually, you witnessed some of it Friday once the stock touched the $5 mark.

(2) Like many previous disasters before it (Lion's Gate, Rainmaker, etc.), Bid.com has the big "Yorkton Securities" stamp all over it. To make it worse, Yorkton's VP of Corporate Finance sits on the Bid.com board. If that isn't a 2 storey-by-2 storey red flag, I don't know what is.

(3) Moving to NASDAQ is not as big as you might think. UBID.com will begin listing there in the next 7-10 days and that is also a much bigger on-line auction house than bid.com. The move doesn't mean automatic success. Just ask the droves of ATI shareholders after that stock commenced trading on Tuesday. And there you have a good tech company with $750 million (CDN) in sales.

That isn't to say that quick money can't be had (and it certainly was this week). But I'd be very skittish about getting in at the $5 point.