Bid.com International (BIDS) Message Board

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

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To: esterina who wrote (1049)	11/18/1998 6:46:00 PM
From: waldo	Read Replies (1) of 37507

From Stockmans Forum on Stockhouse, yesterday...this guy had today down cold: Bid.com International BII.TO 4:00PM 1.94 +0.20 +11.49% 3,848,962 2.00 1.83 2.30 Holy Mackerel ! We are up 67% since we mentioned BII-T a week ago. Record volume for the stock today, as buying poured in from all across US and Canada. Yorkton was now on the board buying and crossing 50,000 share blocks probably indicating kiting of the stock that was short. Rest assured the short position in BII is huge and it seems that the shorters tried to nail it down but agressive buying kept bringing it back up. They are indeed trapped. The stock touched $2.30 today at open and still closed higher than yesterdays close. If she breaks through $2.30 tommorow, it will be $3.00 plus in a blink of an eye as a snowball forms into enormous buying power into the stock courtesy of short squeeze and the public getting into a buying frenzy. It is likely that we could see some news tommorow. Even if the stock pulls back, it will probably be momentarily only. I expect the stock to gap again tommorow at open....... stockhouse.com

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