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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: steve host who wrote (5874)	1/11/1999 4:32:00 PM
From: Gerald F Bunch	Respond to of 18998

steve I'm not a stock picking guru by any stretch of the imagination. But I'm going to go out on a limb and put in my 2 cents worth FWIW. My past observations of momentum stocks like, or similar to Bid.com, have been that you will see a possible spike 10-15%, and then you will see profit taking by traders overwhelm the spike. I think we will see a slight pullback and consolidation with support at $7.00C for a day or two. And then the momentum will be up again. Just my 2 cents to see if I have learned anything from my observations. Back to the lurk mode. Regards GB