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


To: Jazzss who wrote (8308)2/1/1999 8:24:00 PM
From: Rich Investor  Respond to of 37507
 
Jazzss,

I also bought BII before I even knew Waldo existed in this world and I assume many others did as well.

The point I am trying to convey is that Waldo's site is NOT enough a reason for staying firm on this stock for those that may have second thoughts. Sure, Waldo may not have "BUY BII" plastered all over his web page, put you also can't deny that it is overwhelmingly biased in the company's favor. There are other issues to examine here that Waldo doesn't address, namely this company's cash burn rate, need for additional financing and thin margins that are well below their U.S. competitors. None of this appears to have changed significantly over the past six quarters, and that might concern some on here to an extent. Waldo does a good job of providing general info on BII for the new and old investor alike, but should not be treated as some sort of textbook to refer to when things appear sour. His website DOES not provide a balanced, objective view of this company and where it may be headed pro and con alike.

The need for Waldo's commentary or insight on the down days confirms the insecurities of many on here looking to reach out and touch someone to sweep their own thoughts under the rug when maybe their instinct is more correct that Waldo's. Who knows, right? All I see is a willingness on the part of some to degrade their own thoughts in favour of Waldo's or Pinks.