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


To: Ray. who wrote (9884)2/16/1999 4:20:00 PM
From: J-R  Read Replies (1) | Respond to of 37507
 
Ray,

Could it be that the news was not enough to counter an overall TSE/NASDAQ down day, or could it be all the shorters bailing out at once?

Jason



To: Ray. who wrote (9884)2/16/1999 4:26:00 PM
From: Rich Investor  Read Replies (2) | Respond to of 37507
 
>>On a volume day like today, I wonder why the stock is almost even?<<

What's your point Ray?

Could be because this stock is so heavily diluted that any major shift upwards faces stiff resistance. There are just simply too many outstanding shares at present, and without major institutional backing to help reduce the float and keep it tight, the liquidity is killing us. Who knows if BII will ever see it's $9.90 high ever again???? I tend to doubt it!

Oh well, C'est Lavie