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


To: F. Evans who wrote (8951)2/6/1999 8:51:00 AM
From: The Saint  Respond to of 37507
 
I started a new BID.COM tread under WEB/Information to get some USA eyeballs to see this great company. I hope everybody is ok with this. My thought was that people do not go after Canadian stocks but Web stocks and BiD.com is a Web company. I hope to get Bid.Com on the >Hot list to get some PR out about this great company

Best

The Saint

techstocks.com

Not just a Internet Auction company but also Business to Business revenue streams and selling Auction platforms to other Auction sites.

Symbol in Canada Bii to look it up on Yahoo go Bii.To or on Others CA:Bii

For everybody that do not know this stock check it out, the stock is trading in Canada on the Toronto exchange currently trading at
US$ 4.40

Do your D&D on BID.COM on this page.

geocities.com

Special thanks to WALDO, he is very current on this company and does a great job. This is all you need to know to buy this stock.

As you will see on this link the management of Bid.com wants a Nasdaq listing soon and they are ready for the future with deal with different vendors and plans to setup a sites for Europe.

We currently have a great tread to talk about BID.COM it is

Subject 13266

Please bookmark that site and not this new one.

More than 8,700 messages since it started.

This tread is just to alert you guys that do not go after the Canadian stocks but will see all this under WEB/Information Stock.

As I always go though the new treads for my investing. I thoughtI would not be the only one.

Check it out there will be money to be made with this great company.

The Saint



To: F. Evans who wrote (8951)2/6/1999 10:44:00 AM
From: NTT  Read Replies (1) | Respond to of 37507
 
Well a Nasdaq listing can affect different stocks in different ways. I'll tell you about my personal observations. Hopefully others can also add their insights into this.

One that listed a few months back was ATY. It was around the $15.50 mark I believe, and when the Nasdaq listing was announced it shot up to open at $17.25. However the market had a down day and it was totally overbought and quickly went right back down to its original levels over the next couple of days. The Nasdaq issues also had virtually no volume so they weren't affecting the trading price whatsoever. Everybody had been expecting ATY to shoot through the roof once it listed on Nasdaq but that never happened.

Now lets fast forward to about 3 weeks ago. ATY releases excellent quarterly reports. It was trading around the $18.50 mark prior to the release. Normally results like these would push the stock up to about $20-21 at most. In fact, that day it didn't go up very much (another down day on the market), but the next day it started shooting up like crazy. The reason? CNBC gave it a positive mention and gave out the ticker symbol. That day it had a Nasdaq trading volume about 60x more than the average up to that point. Normally this type of CNBC-effect only lasts a few days. But in ATY's case, it alerted people to the Nasdaq symbol and it's been steady since then. Mind you, the company is an industry leader and has excellent growth and earnings. But now the Nasdaq volume is way up and it's trading in the $26-27 range. Predictions are that it will be trading at $35 within a few months. No, it hasn't shot up like the net stocks, but it can't be denied that the Nasdaq interest is pulling this one up. 40% gains over a couple of days is nothing to sneeze at ;)

Another company example might be RIM which I've sort of been following. It was trading in the $15 range and the day before the Nasdaq announcement it has an impressive run-up, and then on the day of the listing goes all the way up to $19, before it quickly comes back down. But the markets were very negative this day. I believe this was 2 days ago when the Nasdaq dropped 83 points? If it gets some positive mention in the US, this could easily be sitting at $25-30 CDN.

Now we come to BII. A TOTALLY different category. It falls in the same category as EBAY, ONSL, UBID etc. These are stocks that have had anywhere from 400-1500% returns from their IPO price. The negative thing going for BII is that its ticker is total unknown to US investors. The positive thing is that it's also rated the number 4 auction site. So it might run into the same problems as ATY where nobody knows about the ticker so it doesn't move at all. However once investors clue in, it should skyrocket with the best of them. I personally feel that it deserves a valuation similar to ONSL's and should be priced around US $45. But what the hell do I know, right? ;) I believe the first days performance is going to totally depend on how many Nasdaq investors are aware of the stock. If a big hoopla is made about the IPO, it could easily double the first day. If nobody knows about it, it may only go up because of TSE interest, but then settle back down until US investors are made aware of the company. Regardless, once it starts building up volume on Nasdaq, this one is going to the moon. Guaranteed!

Just my opinions. I'd love to hear other peoples views on this.



To: F. Evans who wrote (8951)2/6/1999 12:53:00 PM
From: Steelguy  Read Replies (2) | Respond to of 37507
 
Frank,
If I might add some other thoughts here as to what effect the Nasdaq release would do to the stock.....I would tell you this....

I am sure that many have experienced this with other stocks that we have to admit that SOME...I don't know how much...of the CURRENT stockprice is DISCOUNTING this news already. Do we not agree on this guys? This is always the case and why the buy on rumour sell on news scenario USUALLY plays out. Now...in this case, I think it will all be a matter of timing....if the market is kookoo for internets at the time...she will pop nicely....if it is on a downtrend of internet sentiment...I think you would sell on the open bid/ask squareoff whatever that number was.

we'll see.

sg