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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Sili Investor who wrote (2854)12/3/1998 1:07:00 PM
From: Famularo  Read Replies (2) of 37507
 
>>>Is what we went through called a "shake down"? Get the jittery investors out by driving the price dowm then pick them back up at cheaper prices? <<<

IMO, it is a combination of many things. Stock went up too much too fast. Today's report from Taurus did not help. Yesterday's trading pattern indicated a sign that heavy selling would occur. Very volatile stock and many stop loss orders got kicked in. We may still see the stock lower again today as many nervous speculators bail out.

Regards
Fast Frank
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