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

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To: F. Evans who wrote (8951)2/6/1999 12:53:00 PM
From: Steelguy  Read Replies (2) of 37507
 
Frank,
If I might add some other thoughts here as to what effect the Nasdaq release would do to the stock.....I would tell you this....

I am sure that many have experienced this with other stocks that we have to admit that SOME...I don't know how much...of the CURRENT stockprice is DISCOUNTING this news already. Do we not agree on this guys? This is always the case and why the buy on rumour sell on news scenario USUALLY plays out. Now...in this case, I think it will all be a matter of timing....if the market is kookoo for internets at the time...she will pop nicely....if it is on a downtrend of internet sentiment...I think you would sell on the open bid/ask squareoff whatever that number was.

we'll see.

sg
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