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

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To: Brian L who wrote (23761)4/21/1999 4:24:00 PM
From: Cameron  Read Replies (1) of 37507
 
OK... here goes.. I'm going to stake my whole reputation here (as if it mattered)... my prediction for Thursday.

Bottom identified in mid $13.00 range. Bounced off it twice with no problem. Good momentum going out.. and more importantly, momentum trend has reversed on very strong volume. MM's are in and their positions should be stabilizing. We're certainly getting lots of attention for a 2 day span.

So... I say... gap up tomorrow AM. Hover there until noon when shorts move in to cover their positions driving up price. Daytraders notice increasing upward momentum and jump in in the PM driving further momentum. New bottom support level of $15 will be tested and bounced off of. Close higher than open for first time on NAS!

ps. I may be a terrible bid.com investor but I was always a great bid.com trader.... which is why I can afford to weather this storm!!!
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