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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Junkyardawg who wrote (32843)4/27/1999 12:54:00 PM
From: who cares?  Read Replies (2) of 90042
 
Dawg, big boys will never touch BIDS. It's got a billion dollar market cap with very little in the way of sales, especially when you consider that most of the sales is just the cost of the item being sold. Ebay's sales are all money to them. Not to mention that they're bleeding money like mad. It may go higher but it won't be because of any big boys, the big boys will be lining up to short it back to single digits. Remember it came from 17 to 6 the first couple of days on the NASDAQ, it can do it again. More people will get hung holding shares so maybe not as low, but when the daytrader caravan moves on it goes way lower imo.

CMB
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