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

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To: Curious Gamble who wrote (16309)4/3/1999 2:50:00 PM
From: donkeyman  Read Replies (1) of 37507
 
GJP: -- If I was holding 1000 shares of UBID when they came on the Nasdaq, I think back in Dec. 1998, 4 months ago, the first day looking at this old graph I have here, it appears their low was slightly over $30.00/share. When she hit $60.00/share I would have bailed out the works on day #1. And for the next 2 weeks I would have been on cloud 9 because most of the time it was hovering between $30.00 to 40.00/share. But then, my mood would have changed big time. According to this graph it went into the skyrocket mode and about 4 days later it looks like it hit a high of about $190.00/share. Then it slacked off a bit for a week or so, moving between $120.00 to $175.00/share. It looks like for the last couple of months it stabilized at an average price of $75.00/share. Who knows if this is the type of curve we'll see with Bid.Com. It looks like this UBID crowd had an IPO and Bid.Com doesn't. When we say UBID hit a high of $190.00/share, are we talking US dollars here? Because if we are, we could be talking Cdn. $285.00/share roughly. Many people say Bid.Com is like UBID in that they sell similar products over their website, from what I can gather.???
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