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

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To: GoNorth who wrote (34222)7/26/1999 2:23:00 PM
From: Peppe  Read Replies (1) of 37507
 
Peppe, what are you seeing that made you decide to get back in?

A couple of reasons:

1-) BIDS is not down on its own, it's fallen with the market. I believe this recent correction is over.
2-) BIDS is trading very near its all time low; I believe it's oversold and has hit bottom.
3-) BIDS hired an IR guy, from Clearnet recently. I fully expect him to be talking the stock up to several brokerage firms; we could see an upgrade or two as a result
4-) EBAY, the leader, has a market cap of about 60x that of BIDS
5-) Volume should be close to over a million shares, indicating renewed interest in the stock.
6-) I've made a kill trading this puppy in the past.

Cheers,

Peppe
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