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


To: IdiotJed who wrote (4321)1/5/1999 9:44:00 AM
From: Mr. Forthright  Read Replies (2) | Respond to of 37507
 
<<No talk by a moron on a thread will sink a stock.>>

Message 7111217

<<Do you really think you had an effect on those price? You must be kidding. If those shares sank, it's because the fundamentals were weak.>>

These stocks went down because they were heavily promoted to unrealistic valuations in the first place, just like most of the Internet stocks right now. When they started coming down they came down fast, with no bids in sight, just like what will happen to a lot of Internet stocks one day.

My point is the following: don't get sucked into a market frenzy, it is no way to get rich in the long term. Leave your emotions in the closet when you invest in stocks. If you play the greater fool's theory you may just end up being the last fool one day.

It is easy to recognize signs of hype on a particular stock or in a whole industry (like what is happening in the Internet bubble market right now). People will be studying and writing about the Internet bubble for decades, hopefully not as the mania which put an end to the longest bull market in history. Get it right: what is happening to the Internet stock is not good for the capital markets, at this stage of the game it is no longer the greatest opportunity around it is the greatest suckers game around. The big bucks have already been made.

Call me an idiot, call me a s..t disturber, I couldn't care less. If you do, it means you have lost track of fundamentals.