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


To: bill hamilton who wrote (25207)4/23/1999 11:23:00 PM
From: Lola  Read Replies (1) | Respond to of 37507
 
cnnfn strong buy indicator will bring the stock into focus for aggressive traders and position traders. It will increase the interest in the stock and put it on par with other Internet plays.

I truly believe that unless all Internet stocks fall to their death in a week, BIDS will form the same chart patterns as other high flying Internets like UBID, TUNE, ATHM, and possibly even AMZN.

In time BIDS will prove to be a much more stable Internet stock than the biggies like AMZN, YHOO, or AOL(these stocks scare me, when they fall they have a long way to go down).

I think BIDS will build a following in the US but more importantly the Canadian investors are not as fickle as the Americans so the stock will have a more loyal type of investor as well. Of all the Internet stocks, if I was forced to choose only a few, I would most likely pick BIDS as one of them. But I never hold anything so that doesn't really matter.

I could be wrong, but I'm usually not (I'm so humble!). I could see the short term downturn in BIDS coming long before it hit the Nasdaq. The stock just went out of control too fast. No stock goes straight up so this volatility is not something that frightens me at all.

Lola:)