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


To: Ruyi who wrote (9982)2/17/1999 3:04:00 PM
From: TFF  Read Replies (4) | Respond to of 37507
 
BII will be listed on the NASDAQ. BII will go into play like every other auction site. The daytraders will bid BII up based on valuation story. 95% of daytraders have not looked at/traded BII.



To: Ruyi who wrote (9982)2/17/1999 4:54:00 PM
From: mccowaner  Respond to of 37507
 
In response to your post #9982.

5.2 million is a large number of shares traded (Tuesday) especially after less than 1 million on Monday this week when the US markets were closed. I interpret your point that the 5.2 million means that lots of US investors know about this stock. I disagree, based on the size of most trades, some of which can go as high as 40,000. If you divide that into 5 mill it reduces the numbers dramatically. There isn't one investor for each share traded.

BII has plans for a big advertising push in the US as they know they must do in order to get name recognition going in the US.