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


To: Mr. Forthright who wrote (4349)1/5/1999 12:07:00 PM
From: Rich Investor  Read Replies (1) | Respond to of 37507
 
The factors you list I admit are indicative of past failures in the market, and yes, the internet sector may also fall victim to the same. When or to what extent it will affect these stocks is something less predictable to gauge so I try not to go there. This is all guesswork anyways. I have repeatedly warned investors on this thread of the consequences of poor "numbers" for BII and what will happen to the stock price if good results do not materialize. Some seem to think that press releases about new deals can infinitely keep the market's interest, but we should all know that the market takes no prisoners. RESULTS AND NOT SUPPOSITION is the driving force here. I put my money in this company as a speculative buy based on the belief that the "numbers" will be there by January/February, and if they're not, then I'll cut my gains and move onto something else. I share your concerns about the industry in general and take a REALIST perspective in my investment choices, but of course, a little enthusiasm never killed anybody either, taken in moderation of course!