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

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To: Ray. who wrote (9884)2/16/1999 4:26:00 PM
From: Rich Investor  Read Replies (2) of 37507
 
>>On a volume day like today, I wonder why the stock is almost even?<<

What's your point Ray?

Could be because this stock is so heavily diluted that any major shift upwards faces stiff resistance. There are just simply too many outstanding shares at present, and without major institutional backing to help reduce the float and keep it tight, the liquidity is killing us. Who knows if BII will ever see it's $9.90 high ever again???? I tend to doubt it!

Oh well, C'est Lavie
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