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

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To: Ruyi who wrote (4964)1/8/1999 1:23:00 PM
From: the Chief  Read Replies (4) of 37507
 
At this point it is really irrelevant which houses are buying or selling. the stock is trading in a 10c range and has been since 12:00 EST . The offers are higher than the ask, but "exhuberance" is pushing people into market buys which erodes the higher offer. There is 500,000 shares for sale between 5.55-5.75 and what is wanted is 180,000 shares between 5.45-5.25

Sorta leaves my 5.10 bid out in the cold at the moment...but this is a long day...still 2.5 hrs left !!!

the Chief
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