SI
SI
discoversearch

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: Mr. Forthright who wrote (27742)4/28/1999 12:10:00 AM
From: Lola  Read Replies (8) | Respond to of 37507
 
It depends on how the stock looks in the morning. There should be alot of Canadian press coverage also (I don't think Godin sleeps anymore). I go with my instincts on the price. On a stock like this you can't predict what price is perfect entry and exit. You have to just go with what you see at the time.

But there's one thing you can count on. Canada will stand behind it's baby big time. Most Canadians will buy and hold. We are a faithful lot. The Canadian mentality is quite different from Americans. I'm a trader but most Canadians think long term.

You will also see alot of Canadian mutual funds lining up to support BIDS, but most of them won't buy tomorrow. They will buy later.

Remember BIDS is our ONLY internet stock. We have nothing else of significance in this area that qualifies as 100% Canadian content. So we buy BIDS or we buy nothing.

Canadians are savers and we have oodles of dollars in our retirement accounts which must contain 80% Canadian content. BIDS is it for us!

American traders will buy and sell and have their way with the stock. But Canadians will hold for years and years and years (till we're all dead). The End.

Lola:)