Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Peter V who wrote (17833)	4/8/1999 4:32:00 PM
From: GoNorth	Read Replies (2) \| Respond to of 37507

Peter V., I guess you have to take the good ones with the bad ones. >>Got a link or a reference we can check? Or are these merely more rumors?

To: Peter V who wrote (17833)	4/8/1999 5:07:00 PM
From: WhatsUpWithThat	Respond to of 37507

No, he's right, there was one story that was sloppily written, sloppy enough so that someone who didn't think this through might think there is some valid comparison. One reference. ONE. It was posted in its entirety on this thread the day after (I think) the TSE 300 NR. It looked stupid there and it's no less convincing to have Dagan blow it up so it sounds like there've been several comparisons between BreX and BII. BreX shot up because the company lied about having a huge gold find. If they HAD a gold find of that magnitude there'd have been little wrong with its valuation. The problem was, they lied. BII hasn't lied about any product or service or capability they have. What's driven this stock up is (choose one, or both, since both are to some extent true): momentum and true value compared to other auction site stocks that have tremendous valuations, higher than BII. So you could argue that it's been too much momentum and not enough validity to the valuation, or you could argue that all similar stocks are over-valued and will come down, but you can't make BII into BreX. Sheesh! WUWT