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


To: Mr. Forthright who wrote (12111)3/19/1999 1:34:00 PM
From: Steelguy  Read Replies (1) | Respond to of 37507
 
Hey Mr. F.

First off, let me say that I hope you are doing very well.

Now, regarding this post I am responding to.....since November you have been active on this thread and it has been enjoyable debating issues with you. I think that many, including myself, still find it difficult to understand where you are coming from with your many posts here as you say that you do not trade the stock. If you were short, I think we would all, as I have mentioned before, understand your motivation. However, I am taking you at your word, and will assume you are still not trading BII.
So.....if you are not trading it....can we say that the difficulty you really have with this stock and " us " is that we are involved in a stock that by traditional models really has no value??? If so fine. Then also, I guess you feel that it is not of interest to you to make money on a stock that, in your opinion, is simply going up in value on hype. Fine. I guess we have to all decide why we invest or trade stocks..... I do this to make money....if the sector is overvalued or the stock is overvalued by certain financial statement ratios....well, I don't really care. Some care,....you care,...but I really don't. So, is it wrong to make money on a stock that isn't earning money in your opinion??? You must think so. No problem with that.
I guess it is really a question of " style ". I want to make money am willing to take risks to do so. You, as well, seem to want to make money but not risk your capital on a stock that does not merit a certain valuation. No problem with that.......
I guess, with all that being said.........why do you continue to look to this thread to voice your opinion on BII's overvaluation??? I really think that everyone here is aware of this fact on a " traditional" basis.
Don't get me wrong Mr.F.....I truly enjoy your input but it has been 5 months now and I just want you to answer WHY you continue to be active on this thread instead of so many other US INTERNET stock threads which, you would agree, are as or quite more, " overvalued " by traditional models.

There is no disrespect intended here......I just really think it is not a difficult question to answer and would enjoy hearing your response.

all the best.

sg