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


To: Mark K. who wrote (16392)4/4/1999 8:12:00 PM
From: Thomas Kirwin  Respond to of 37507
 
AOL Bid.com Repost

Subject: Re: Fairbanks3
Date: 4/4/99 6:52 PM Eastern Daylight Time
From: Moodgam@aol.com
Message-id: <19990404185228.17656.00002435@ng-fq1.aol.com>

Okay guys, I'm a novice, into it just 2 months so let me share a perspective. Just suppose you received a call from someone who has some experience investing and you are told: 1. Largest on line auctioneer in Canada 2. Not currently on US boards but filed for near future NASD listing 3. Patented "Dutch Auction" which I believe adds a little fun to the auction process sort of like sitting in front of a slot. Keeps buyers tuned in as the bid process winds down. 4. Stock has moved from a base of About ^$6.40 Canadian to as high as !5+ and holding steady around $12.50 within the last 2 weeks 5. Volume is up and growing 6. One institutional investor 7. To be included on the TSE 300/200 indexes. Even given the hype that may be affecting this stock it doesn't concern me because as a newcomer if there's no hype there's no support and no movement. Yes, earnings drives the mkt long term but I think hype plays it's part short term. Look at the effect CNBC and CNNFN plays in moving the market on a daily basis.

Anyway, given all the above is this a stock you would choose to ignore? Not me!! Not certain and don't care about the long term at this point. I see its value in the intermediate term. Incidently, I also beleive BII's management has lots of moxy!!