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

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To: Jack Kennedy who wrote (12938)3/24/1999 10:10:00 PM
From: mike machi  Read Replies (1) of 37507
 
~ I won't speculate on BII's NASDAQ performance as I think that would be premature at present, but the large float is going to hold us back from valuations similar to those of iVillage, uBid etc. These stocks have much smaller floats and doesn't take much to cause a $20 or $30 pop in a day on just a little buying pressure ~

Jack,

Dont kid yourself: If you have the volume, a fast market, Shorts getting squeezed, Big blocks being sucked up by elephants and longs who sit on their shares because they are sh#ting their pants in awe, well, IMO (I have said before) until the US can daytrade BII, we have not seen nothing yet. (NASQ)

MM
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