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

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To: Denise D who wrote (7162)1/24/1999 6:45:00 PM
From: Mr. Forthright  Read Replies (1) of 37507
 
<<I believe it will only allow more people to get in,>>

Yes, but at what price? The stock which will become free-trading was purchased for a fraction of current trading price. Don't you think people will want to take profit? Don't you think that it will change the momentum of several high-flyers?

Sure, some unsophisticated investors will think it will give them an opportunity to buy at lower prices. But the pros will definitely get out of the way and wait for things to settle down.
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