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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Davy Crockett who wrote (1976)4/21/2001 3:13:17 PM
From: Al Collard   of 11802
 
Hi Peter,

Your in with BII-t @$.86 for 11,627 shares.

Chart for Bid.Com International, Inc.(BII-t):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for BII we can see that after a long downtrend the stock has turned itself around and is now in an uptrend trading atop it's 20EMA. The Stochastics appears to be a tad on the overbought side but the MACD is now turned up and the +DI has crossed atop the -DI on the ADX, a very bullish signal. The next level of resistance is at the 50MA and if this stock can break through this price point it could see some serious price appreciation. The chart looks the best it has in a long time for this stock.

Good luck with this pick Peter,
Al
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