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


To: Sili Investor who wrote (4171)1/3/1999 7:13:00 PM
From: waldo  Respond to of 37507
 
>>Do you think that the warrants from the latest round of financing have already been exercised? If so, would you agree that the latest price fluctuations are more a reflexion of the market in general and not as a result of the brokerage houses "playing"? <<

One thing is for sure....it has been a very long time since I have seen a stock trade over 140 million shares in 33 trading days. I did notice a lot of selling pressure in around the middle to third week of both Nov. and Dec.....only to be met with a lot of upward pressure when the resistance was broken. Was it market manipulation? short pressure? huge fund positions scaling?, or a combination of all 3 with huge day-trading to boot? A lot can happen when you trade on average over 4 million shares per day.

This one is fascinating to watch.

W