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

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To: SOROS who wrote (2094)11/27/1998 10:32:00 PM
From: Sili Investor  Read Replies (1) of 37507
 
Soros:

Just because there were no big blocks wouldn't necessarily mean that the institutions are not in, would it? If there are no big blocks to buy, then if the institutions want to get in or accumulate, they must do what we do, slowly, smaller blocks of 10,000 at a time?

I thought once the market cap hit over $100 Million, some institutions could start investing, all depends on their own rules.

Can't believe that this is all day-traders. As well, everyone must believe that for every 1 million traded, at least 50,000 must be socked away by someone. If so, over the last 11 days, over 10% of the total dilution is not trading anymore.

My belief is that the float is getting smaller and smaller. Same things happened to Ebay and ONSALE....boom....10 bagger in a hurry!!

"Ya gotta go long" or something like that is the anthem to some famous investor (:>))

Sili
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