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

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To: the Chief who wrote (16410)4/4/1999 11:38:00 PM
From: PCKL  Read Replies (3) of 37507
 
Well, one out fo the 2 rumors turned out to be true so far - the TSE rumor that was floated on Tuesday has now been confirmed. I still believe that the buyout rumor will materialize. I sure as hell hope that we get on the NAZ before any such buyout is announced. I do believe that $50 US is not an unrealistic number, considering valuations of other auction companies and considering the market caps of the recent internet ipo's like priceline, ivil, etc.
It should be be a fun week for al of us longs. I predict volume of > 10 million shares every day this week, with a Friday close of $22 Canadian. I think more Americans will be jumping in soon.
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