Bid.com International (BIDS) Message Board

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

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To: Steelguy who wrote (8918)	2/5/1999 10:54:00 PM
From: NTT	Read Replies (1) of 37507

>>> financings to allow for a Nasdaq listing if I recall correctly. I would have to say that IF BII were VERY close to a Nasdaq listing, you would not see Yorkton short this much paper. They will be in the know a lot sooner than us as you are well aware and they would not get caught offside. This is my opinion only. <<< I agree with you 100%. That's why I couldn't explain their behaviour. However Sili Investor has pointed out that they actually have 14M warrants, and not the 5.7M that I had thought. If this is the case, then they are simply exercising those right now and making a huge killing in the process ;-) I also agree that short interest is a bullish sign on the stock. Especially when the stock can move as high as this one has given the amount of shares being dumped. My feeling is that once this dumping finishes (end of this month?) then the stock should start moving steadily upwards on its own.

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