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

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To: the Chief who wrote (2270)11/29/1998 10:49:00 PM
From: 45bday  Read Replies (1) of 37507
 
I just started buying a little of this last week. Some at 1.80 US and some at 2.40 US. I am buying based on the fact that it appears to be a solid company and the auction co's in the US are doing well. I admit to not understanding much of what you posted and would appreciate it if you can clarify a few pts. In simple terms it sounds like you are saying MM want to see the price move up to get people in, and as it moves up they short with the idea that they can force the price down rapidly by selling some shs under the bid. Am I going in the right direction with this, and why is BBI any different than any other small cap stock with a small float. Thanks.

Is the response to be careful and don't be greedy by selling as it moves up so you are not stuck with a pile at the end?
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