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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Michael Block who wrote (16725)4/6/1999 10:03:00 AM
From: NTT  Read Replies (1) of 37507
 
>>>It seems that if BID COM is now on the TSE300 Index, then the mutual funds must own the stock, that may what we are seeing today. <<<

I dunno if that's true. For some reason I cant get a listing of the houses to see who is accumulating or daytrading, but it does not look like any large blocks are going through at a volume of only 1.2mm half an hour in. (pretty good volume mind you, but it does not look like any serious accumulation!). We've had higher volume with smaller price change 30 mins into the open in the past.

This means the serious index buying is still to come?
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