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

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To: CBurnett who wrote (37483)2/11/2001 8:36:37 PM
From: Cush   of 37507
 
Hi C: Ya, these markets have been pretty tough since last March, and I've noticed there seem to be a lot less posters on the threads.

I have no idea where Bid.com is going long term.

I think they are viable enough short-term that I'm holding some shares.

I am bothered by individuals who seem (to me) to be trying to influence the share price with their posts.

That's how I interpreted that SH post.

I have been charting Bid.com from time to time on the charting thread.

Message 15257063

I'll likely run another chart this week some time.
The chart up to Friday is pinned up on my wall.

If you use the link from that old post, you'll bring up the latest (Friday's) chart.

The MACD is looking bearish and weak. Bad sign.

The Stochastic is down in the oversold zone starting to turn. Good sign.

If the market bounces, my guess is that BII will bounce too.

I am watching the earnings date, February 21st.
If the market is in an upswing, I might hold into that date.
Otherwise, it's a pretty risky short-term hold, IMO.

Good luck with it.

Cush
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