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


To: Ditchdigger who wrote (8967)2/6/1999 5:52:00 PM
From: NTT  Respond to of 37507
 
I don't have a good understanding of BII management, but I agree with him that BII is moving up because of speculation and not because of fundamentals. Everyone knows that. I don't care why the price rises, as long as the reason allows for sustained growth. In BII's case, this is true.

As for Mr. Pinks question as to why the fundamentals should change when listed on a different exchange: obviously they don't. But increased buyer interest, increased short interest (at some point), increased volume, higher valued peer group, and fully computerized trading WILL affect the share price whether it's fair or not. My price target is US $45 in 8 months.