Bid.com International (BIDS) Message Board

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

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To: RG who wrote (25988)	4/26/1999 10:36:00 AM
From: NTT	Read Replies (2) of 37507

Well I think in the long term, the downward spiral on BIDS debut was actually a good thing. I think we can all agree that in order for this stock to hit the stratosphere it needs lots of US daytrader activity. Well, having an interview on the debut day, minutes before open is an awesome thing. This will usually get you a few days of good volume trading. But then being constantly mentioned numerous times on CNBC because of the huge drop really put it into peoples heads. There was a tremendous amount of activity on Nasdaq with BIDS last week, and now that it has been sustained for so long, I think it will continue to go on like this for some time. It's not one of those stocks that will just quickly fade from investors memories. I think there is still more upside potential today. Dow +25, nas +54. Net sector doing well. Nas vol: 4.7M traded so far. BII RT: $19.10 Still looking extremely clear after US$13. But a large block up to that point.. if it can break through, watch out! It's becoming apparent to me that TSE is barely a factor here today. There's some arbitrage action going on and people jumping on and off, but all of the direction is being supplied by Nasdaq entirely. BII RT: $19.25

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