Bid.com International (BIDS) Message Board

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

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To: WhatsUpWithThat who wrote (18467)	4/9/1999 7:55:00 PM
From: F. Evans	Read Replies (1) of 37507

I suspected that people would have to have a sector to plop their money into if the Computer's dive on Monday. I'm also of the strong view that the enthusiasm around BII in anticipation of the Nasdaq anouncement will fuel it regardless of that the other stocks do. What happened today was nothing but PROFIT TAKING. I mean this think went straight up with no hesitation. This is entirely normal. For those of you around long enough..WE'VE SEEN IT MANY TIMES before. The pros get the indication that it will sell off a bit and everyone PULLS their bids causing it to nosedive. When the selling slows down, everyone comes in for the "sale". I scooped some May 27.50 calls real cheap early this morning and I thank everyone who panicked. Relax everyone...next week should be a big week. Frank

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