Bid.com International (BIDS) Message Board

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

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To: waldo who wrote (23403)	4/21/1999 9:24:00 AM
From: NTT	Read Replies (2) of 37507

What we're seeing is all the people who read the news last night or this morning panicking and dumping their shares. If you look at the asks, it's extremely thin and after open it could jump up by $2 with a mere volume of less than 4000 shares. These are the same people who will put in market buys on open when this thing is rushing upwards. Let the sheep buy and sell on open. My recommendation is to watch it during the day and if you're intent on getting out, sell at a better intraday price. This thing is extremely volatile and Nasdaq trading is much faster than what you see on the TSE. If you thought the $3 jump in 30 seconds was fast on the TSE (after announcement), just wait and see what can happen on Nasdaq if this thing suddenly starts moving (in either direction). I think after the initial drop, it will recover strongly to the upside and settle at least at the same levels it was at yesterday. Remember, it's the TSE pulling this down right now because of the news coverage. For the US buyers, this is a bargain after yesterdays drop...

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