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

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To: SwampDogg who wrote (25069)4/23/1999 4:11:00 PM
From: NTT  Read Replies (2) of 37507
 
>>>UBID up over 40% WOW!!<<<

Yeah they reported their financials yesterday with revenue growth of 42%. Also appointed a new CFO today I believe. Closed at US$69 1/8.

BIDS closed nicely. The best part of the trading today was that it was no dead cat bounce. A dead cat bounce goes down just as quickly, whereas this one had sustained trading in the high CDN$14's for the majority of the day. Looks good for next week IMO. Volume of 8M on Nasdaq -- very nice!
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