Bid.com International (BIDS) Message Board

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

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To: Ruyi who wrote (10862)	3/5/1999 4:36:00 PM
From: Rich Investor	Read Replies (1) of 37507

>>P.S. FWIW I have now taken a position in BII<< LOL Short position Doug? Looking at the markets today we saw the DJIA +268 points; NASDAQ +44 points; and the TSE +146 points. BII = Flat as the pancakes I had for breakfast this morning. This isn't a good sign for a stock that is anticipated to make NASDAQ shortly. It makes more sense for buying to come in at these prices, but it almost appears as if nobody cares anymore. And I think the argument that people are taking a "wait-and-see" approach is also wearing a bit thin. Even with good financials and other related news, I believe any impact they may have is already built into the share price. Probably unrealistic to expect a $7.50 stock and a National Market listing on that basis alone. BII may make the small cap, but even if it does, I am beginning to question the $20 U.S./share target I threw around not too long ago.

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