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

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To: Serge Collins who wrote (12738)3/24/1999 11:52:00 AM
From: RDR  Read Replies (4) of 37507
 
I wouldn't worry too much about him selling ONLY 25000 shares. Maybe the $$$ from this sale was used to buy some cheap Call Options in the market !!!! In fact for same dollar he could have bought a whole lot more in CALL options (April $7 calls were only 0.65 cents last week).... Also, what % does this sale represent of his total holdings in Bid.com???? I have been watching the options action for last little while and noticed someone is buying in blocks over the last two weeks......!!!!!

Regards,
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