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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: donkeyman who wrote (27337)4/27/1999 7:20:00 PM
From: Rajiv  Read Replies (1) of 37507
 
BID.COM vs. UBID--UBID high today was US$70.00/sh. that's about Cdn$100.00/sh.


UBID's float is 1.8 million. It takes only 125 million to buy up the entire float. At its all time high (180 if I remember correctly), it required only 325 MM to corner the entire float.

BID's float is around 48 million. It will take almost a billion dollars to corner the entire float (assuming a constant stock price).

BID is clearly overvalued when compared to EGGS, UBID and ONSL.

Regards.
Rajiv
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