Bid.com International (BIDS) Message Board

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

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To: bugssy who wrote (18894)	4/11/1999 6:16:00 PM
From: F. Evans	Read Replies (1) of 37507

I posted this the other night but those of you who haven't seen it may want to take a look. Heading into the weekend I found it very interesting to see that there were absolutely no Put options bought at $27.50 or $32.50. ZERO. For the options players who like to short or "put", this level would seem to want to be the most profitable. On the other hand call options on the $27.50 through $32.50 May calls were blazing. Check out the link and thread....enter May as the expiration month and BII for the ticker and see for yourselves. Any "sharp" correction will be short-lived and the my opinion on why we see such violent sell offs is that as each stop gets hit, the sell-off at market just keeps triggering other losses on the way down. Message 8835624 Later. Frank

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