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

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To: steve host who wrote (23301)4/20/1999 10:58:00 PM
From: Steelguy   of 37507
 
steve,
Please post when you cover for my benefit.....I would enjoy seeing your short trade completed.

well done today.

To all....here is a quick question.....do you think that an increase in a company's short interest is bullish or bearish for the stock????

answer:....actually it is bullish.......if the US traders started their first trades on BIDS short....that will be alright for us in the longterm as we now will have guaranteed buyers of our stock in the wings........if the stock creeps up and then starts to move sharply....you will see a sqeeze......we'll see what happens.
However...do not be freaked when people are shorting your stock.......if everyone is buying only.......they will soon rush over each other to sell......shorts are part of a nice balanced marketplace.

sg

sg
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