SI
SI
discoversearch

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: Alain who wrote (2835)12/3/1998 12:18:00 PM
From: waldo  Read Replies (4) | Respond to of 37507
 
We always find out after the fact what is really going on. Many pointed out to yesterdays trading pattern around 4.00. The "sellers" were relentless. They knew something we did not. Some of them probably knew about the Taurus report that was imminent. Today they won....over the last 3 weeks the shorters won a few times....so did the longs.

There were signs in retrospect. Taurus was bearish in more than a few articles in the Post. He decided to point out the difference in the net revenues between EBAY and BII. I think that is way overvalued compared to BII. Q3 profitability means nothing to Taurus. In the short term ...they win. BII's business model will endure. All the publicity means an increase in visits to the site. This will increase Q4 revenues, and BII may surprise the street with those numbers.

I understand that the TSE forced BII to put out the SOUND CARD announcement Monday night. They planned to release it on Tuesday morning. The strategy fizzled out IMO.

Violent up...violent down.

W