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

To: RG who wrote (10078)	2/18/1999 9:32:00 AM
From: twentyfirstcenturyfox	Respond to of 37507

THEAN - forgot to post - check your inbox. Don.

To: RG who wrote (10078)	2/18/1999 8:11:00 PM
From: Rich Investor	Read Replies (1) \| Respond to of 37507

>>I just wanted to comment on your statement about the heavy trading on the OTC stocks. While this is true, these stocks still continue to remain in the low price range....remain locked in a low price<< RG, I would like to qualify your statement just a bit if you don't mind. While I agree with your comments for the most part, keep in mind that their are several very good OTC stocks out there with true potential to go beyond $5 U.S. a share. I remember a stock about one year ago (forget the name exactly, but it was in the broadcasting business) that traded at $9.00 while OTC before it soared to $15 and subsequently $44/share! It's of course hard to find the right stocks in the OTC, but if you hit the right one, raking in $10,000-$20,000 per day profits is not entirely unrealistic. In fact, these numbers are quite conservative. It's all a matter of getting in at the basement and riding it up as far as you think it will go for a good profit. I know people who've gotten filthy rich overnight trading the RIGHT KINDS of OTC stocks, so it's not all that bad. As for your comment about BII share price around $50 in an earlier post, I think you need to reexamine your targets. This stock is overvalued already as it is, and considering the # of outstanding shares and float size among other factors, I don't see BII trading above $20 U.S. at the most once it reaches the NASD. IMHO of course.