BII:TSE
BIDS:NASDAQ
Bid.com... what a ride.C$12 to C$30 and back to C$14, all the action of an IPO except its not. The final punch came in when Mark Pavan, an analyst (if you can call him that)at Canada's Yorkton Securities came out and said the stock is worth $2-$3,but then soon as the stock dropped, Yorkton Securities bought 100,000 shares...
Some interesting reading on:From:http://www.canoe.ca/TorontoMoney/ts.ts-04-23-0086.html
Latest news from Bid.com is that they will hold the Internet's first live streaming video and audio auction which will be broadcast by RealNetworks(Nasdaq: RNWK).The webcast will run Tuesday, April 27, 1999 at 10:00 p.m.EST. You can witness and participate in this event from www.bid.com or linking through AIME's www.comedynet.com.
Trading for the coming week will be interesting, there is resistance at C$15 or US$10, and strong downtrend from the last few days, but there was some strong buying at the close. If the stock does make move to the upside, the resistance levels should be around C$17 or US$12.
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