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

To: Steelguy who wrote (12124)	3/19/1999 1:52:00 PM
From: Mr. Forthright	Read Replies (1) \| Respond to of 37507

<<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??? >> I write on this thread because I feel my contribution could be useful to some. Period. <<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.>> Interesting point. You may very well be making money now on BII but why would you want to own it if you feel it is overvalued (did I understand you well?)? You can't go broke taking a profit. Making money on the stock market is a though thing. Some years are good, some are not as good. As long as you make money over time you are OK. If a stock is overvalued it is overvalued. It then means that based on fundamentals the odds are it is going down. And the best way to make money over time to focus on fundamentals. <<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.......>> Believe it or not I will sometimes risk a little bit of capital. The key is to assess the risk before I do so. I was serious when I said that I am thinking about creating a thread where I would discuss the stocks I like. And I also like some small caps. Amazing, isn't it?