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

To: Jerry B. who wrote (8280)	2/1/1999 6:33:00 PM
From: Rich Investor	Respond to of 37507

>>but how many goofballs could there be to drop it a $1.00<< Maybe people are beginning to have second thoughts about BII's potential Jerry. Maybe the reality is beginning to set in that this company is overvalued. I mean who knows, right? Given the good press BII received last week, one would think the stock should be up to at least $8.00! Looks like this PR is like all the rest. Two good days and the beginning of another downward trend?? I KNOW! LET'S HAVE ANOTHER PR TOMORROW TO SALVAGE THE WORKS. THAT SHOULD DO THE TRICK! ISN'T THAT EVERYONE'S IDEA OF HOW TO BOOST STOCK SUPPORT. What a laugh!

To: Jerry B. who wrote (8280)	2/1/1999 6:46:00 PM
From: Denise D	Respond to of 37507

Jerry, All it takes is just 1 person to go in and sell at market. Bidders get the idea they can pay less, and sellers feel they have to move their ask down to close the gap. I'm not saying that this is what happened in this case, generally this happens only in less active and less volatile stocks. In fact, perhaps these goofballs (same word) decided to take their profit as it was high as it would go that day, or others didn't want to hold the stock overnight. The ripple effect is that as the price goes down, more people feel antsy about holding, as they fear it will continue to slide. So-called experts running around telling everybody to stay away from internet stocks just feed that fear. Of course, these goofballs might also be institutions, brokerage houses, or other interested parties who might be "playing" (polite use here) with the value of a stock for any number of reasons. Remember Jerry, that this goes the other way too. Somebody pays $10 for a stock and every seller get the idea they should get $10 (or more) for their stock as well. Denise.

To: Jerry B. who wrote (8280)	2/1/1999 10:16:00 PM
From: Steelguy	Respond to of 37507

Hey Jerry!! I'll take that cyberbeer now for the dirty birds playing like they did....sorry but hey....what are wagers for? I am not trying to upset you again but I would like to comment on this comment of yours: >>>>but how many goofballs could there be to drop it a 1.00. It just doesn't make sense.<<<< You recall I mentioned that I had been out of BII for most of last week until Friday when I liked the momentum etc..and did not want to be out of a long position incase something happened to ignite a buying frenzy. So....I was long going into today.......The stock started to rock and I watched the stock closely ALONG WITH the Dow and Nasdaq stocks.....I also looked at the overwhelming selling wall that was put up at $8.00 and decided to move out my shares. I sold at $7.70. Now...I know that reading the posts today many think that it is crazy to do so as I might miss out on something.....I AGREE...that is why I NEVER let pride get in the way of trading...once one trade is completed full circle...I forget it and the next one is brand new.....EVEN IF IT IS THE SAME STOCK AT A HIGHER PRICE. I can not tell you, and i have mentioned this to others here before, how many times I used to think that I could not buy back a stock that I sold for for anything OVER what I sold at last time. This is a huge mistake as I have, because of pride, watched a stock go up after I sold it and NEVER get a position back again......LOSER MOVE BY ME and I did it often. I don't do that anymore....... So...today I decided that whatever the stock was at at the close, I would buy in again........well...today I got fortunate as I bought the shares back at $6.80....sweet move from a rise up to $7.70 and then buying back again .90 cheaper....that is what daytrading is all about!!!! HOWEVER......If the stock had been trading at $8.50..I would have GLADLY bought it again....new trade. If I may say that I suspect that Mr.Pink has the same thought process on trading as we should never let our egos get in the way of trying to be successful. So...Jerry....I was one of those goofballs selling today...and perhaps if it gaps down tomorrow....I will be one of the goofballs who held overnight..... But it is a fun game to play...... You need to stop getting angry (if I am reading you correctly ) at the swings and volatility. Eventually, the market will price BII where it should be......I hope it is much higher. sg