Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Denise D who wrote (32910)	6/18/1999 6:52:00 PM
From: waldo	Respond to of 37507

Bid.Com shares surge in heavy trade OTTAWA, June 18 (Reuters) - Shares in Bid.Com International Inc. (Toronto:BII.TO - news) surged in heavy trade on Friday as ''triple witching'' inflated market volume and value. The stock rose C$1.45 -- nearly 13 percent -- to close at C$12.85 on the Toronto Stock Exchange in heavy trade as nearly 1.2 million shares traded hands. The 52-week high for the stock is C$33.65 while its low is 56 Canadian cents. Bur triple witching -- the simultaneous expiring of options, index options and futures contracts -- may have propped up the stock and Bid.Com may be basking in the glow of a heavy volume of call options being exercised. The Mississauga, Ontario-based firm sells products as diverse as computer equipment, jewelry and toys through its business-to-consumer auction Web site. The firm did not release any news today, a spokeswoman said. Several analysts refused to speculate on what was pushing up the stock's value. Last week Chief Executive Paul Godin turned over his post to President Jeff Lymburner. Godin remains as chairman of the company. biz.yahoo.com W