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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Lola who wrote (26521)4/26/1999 8:08:00 PM
From: Sulayman  Read Replies (1) of 37507
 
This is just the beginning! This stock just went up 69% to recover this weeks losses. This loss was due mainly to lack of awareness about the company itself which is now being made up for. uBid and OnSale did not reach their highs until almost ten to fourteen days after the IPO. When more is understood about this company's potential in B2B auctioning in the import/export market between Europe and its partners and also North America and its partners. Ofcourse there is still consumer2consumer and B2consumer. The others had reached points of $100 over their IPOs. We still have another 100-150% to go if you look at it that way. Probably an easy US$50 within the next two weeks.
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