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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: Ruyi who wrote (9982)2/17/1999 4:54:00 PM
From: mccowaner   of 37507
 
In response to your post #9982.

5.2 million is a large number of shares traded (Tuesday) especially after less than 1 million on Monday this week when the US markets were closed. I interpret your point that the 5.2 million means that lots of US investors know about this stock. I disagree, based on the size of most trades, some of which can go as high as 40,000. If you divide that into 5 mill it reduces the numbers dramatically. There isn't one investor for each share traded.

BII has plans for a big advertising push in the US as they know they must do in order to get name recognition going in the US.
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