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


To: Ruyi who wrote (9056)2/8/1999 2:19:00 AM
From: Rich Investor  Read Replies (1) | Respond to of 37507
 
Well Doug,

I guess its good to see you have support from some other SI members who believe this stock/company is not all that its cracked up to be according to some on this thread.

I guess the message that people are trying to convey is that BII is like all other I-net stocks and is therefore just as vulnerable as others in this sector in the wild gyrations we've seen lately. Being TSE-listed also serves as a handicap for a stock like this and the NASDAQ IS NOT a certainty by any means at this point in time. When it does arrive, who knows what shape the sector will be in or whether BII will make the kind of noise some out here think it will???

I-nets are only for making a quick buck and that's all. Its get in and get out with the largest possible gain you can muster and move onto the next one. This may change one day in which some of these stocks may become the next blue chips of the market, but just as many will not survive in this business. I still don't believe this sector as a whole is doomed, but certain companies like online auction houses MAY begin to face a squeeze at some point as many investors (not gamblers) realize the valuations are downright ridiculous for their current revenues and profits/margins.



To: Ruyi who wrote (9056)2/8/1999 8:05:00 AM
From: donkeyman  Read Replies (1) | Respond to of 37507
 
doug, That's not all the "Negative Posts" you could dig up on "Mr. Pink's picks" after all the hard work you put in over there shooting down BID.COM.!!!!!! If you had to pick out the positive comments on BID.COM over on the "Pink thread" it would be at least 1000 times more.!!! Mr. Pink himself holds down 50,000 BID.COM shares and said he purchased more BID.COM the other day,( The same day I think BID.COM averaged Cdn$7.35/sh., and you started talking) looks like you didn't scare Mr. Pink any.!!!