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

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To: Jerry B. who wrote (12498)3/22/1999 11:49:00 PM
From: Sili Investor  Read Replies (2) of 37507
 
Hey Jerry, quite the trading today huh? Not at all like the $5 that some people predicted.

I expect an announcement pretty quickly. I had market depth and broker individual trade information in front of me all day and two things stood out...

1) The large number of brokerage houses participating in the run up. Although there were a couple of houses buying big time (like Tomson buying 100,000 @ $7.00 to bring down one wall, and again 100,000 @ $8.00 to bring down another wall), the major difference today was that this was not "controlled" movement. It just happened, as though they know something we don't. Well, I bet they do.

2) The biggest seller by far today was Greenline. To me that means something too. The retail players are selling, which means the institutionals are buying. That's more good news. Now, if we could only get us common folk to hang onto their shares this sucker would have gone much higher.

One more thing. Tomorrow is gonna be some interesting!
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