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

To: Goldbug Guru who wrote (1574)	11/24/1998 8:00:00 PM
From: Serge Collins	Read Replies (5) \| Respond to of 37507

Bid.com is starting to move but there is this little problem of day traders that sell every time they can make a buck on the stock. The U.S. has much more liquidity and this sort of activity doesn't have as much negative impact on a stock's trend. There are always enough buyers to pick up the slack. If there was more liquidity in Canada, Bid.com would be much higher. That's the reason all these companies want to list in the U.S. Look at ONSL the last week or so, the stock has been volatile, but it can maintain its upward momentum, something BII hasn't been able to do. Some will say that the stock has moved up sharply the last few weeks, however that was off a very depressed level. The fact is that the stock still has not made a new 52 week high in spite of all the hoopla. BII seems to give every indication that it's about to takeoff and hold its altitude, but only time will tell.