Bid.com International (BIDS) Message Board

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

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To: Steelguy who wrote (16972)	4/6/1999 11:31:00 PM
From: New Economy	Read Replies (1) of 37507

I agree with you as the the following information I quote to you is based on research that investigated stock market anamalies: "There is also evidence of return regularities to various measures of price momentum. THE RESIDUAL REVERSAL EFFECT --the tendency for recent performance to reverse over the short-run-- appears to be strong pocket of effecieny" Therefore, the stock may be depressed early tomorrow morning and continue for a couple of days and then find support somewhere in the mid teens. Just my thoughts. Lets be very careful about the TSE listing...does anybody remember GEAC corp? As soon as the stock fell like a rock due to investor concerns regarding declines in the ERP market, the TSE removed the company from the TSE 300 ! ! ! I am not say that will happen to BII but who knows?

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