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

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To: copper who wrote (17379)4/7/1999 9:25:00 PM
From: MIghty KC  Read Replies (1) of 37507
 
Why this stock will keep going up...

1.) Index funds still buying before deadline.
2.) Straglers still wanting to buy in before Naz.
3.) Options expiry next Fri. Looks like every call in the money!
That means a lot of people calling in their options.
Option writers like Dougie will have to buy back at high premiums.

If yahoo takes off tommorrow than Bii at $30 fer sure. If we are not over 30 by the weekend than I can see MM's dragging price down under $20 to expire some these calls worthless. Opinions????
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