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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: twentyfirstcenturyfox who wrote (477)7/9/1998 8:53:00 PM
From: fuzman  Read Replies (2) of 37507
 
After reading the latest comments from BBS is anybody as concerned about managements decision not to promote the stock as I am? All hell is breaking lose on the nasdaq & where are we.

A perfect example of this is to compare eggs latest numbers to BII, where eggs came in just under 30 million for the year they were trading @ 7 prior to the announcement & then the stock doubled with big volume. Check out the latest research report from Riely Capital

Then we have BII which tripled their sales in the last quarter & expects to have 30 million in sales by the end of the year & what happened to the stock today nothing that's what. Even if they don't meet these numbers they should be trading @ the equivalent of eggs prior to the double.

I've heard part of the problem was with a large hedge fund which had to unload a large position in BII, well so what any decent amount of buying coming from the states would have eaten this up in no time.

I also hear they are in the middle of a financing to tide them over till they get a nasdaq listing well no matter how small the financing it's going to be dilutive @ these prices. Check out the financing package that yahoo just completed. As you can probably tell I am pretty upset with their tactics.

Regards fuzman
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