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

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To: Jack Kennedy who wrote (15345)3/31/1999 6:15:00 PM
From: Ruyi  Read Replies (2) of 37507
 
Given the large drop , the difficult thing to determine is why the low # of houses net selling and the little amount of stock net sold by them. Many of the houses I witnessed were crossing, hitting the bids, that appears to be house selling to customers. If this is the case the stock could retrace to the $8.00 level . Given the unhealthy froth of last three trading days I was afraid this could happen and voiced as much . I like this companies long term investment prospects, it's this short sighted raping of investors that could hurt sentiment that concerns me.
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