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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Boolish who wrote (37338)3/5/2000 12:46:00 PM
From: Dave Tan  Read Replies (1) of 37507
 
Option prices in CDN$.

At close on Friday, BII was at $10.30.
Bid Ask
Mar 9 1.90 2.10
Mar 10 1.35 1.55
Apr 9 2.60 2.85
Apr 10 2.35 2.60
Apr 11 1.90 2.10

I personally think that the March calls are not very good because the deals are being made very slowly and end of March is coming up soon. IMHO April calls are better. I am holding BII long because of the large cash position I have, no point paying premiums.

IMO BII is going to hit $15 CDN this week as the rumour mill turns. Easy $20 takeover target.

later Bid fans.
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