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


To: Crazy Canuck who wrote (12042)3/18/1999 11:00:00 PM
From: Steelguy  Read Replies (2) | Respond to of 37507
 
Crazy and all,

Interesting day today wasn't it???? I was not looking at houses and depth but there seemed to be quite a wall of 30,000 - 40,000 share blocks put up at $6.25, then $6.30, then $6.35, then $6.40. What was a dead giveaway that what you all have been saying as far as the houses " keeping " the stock in a range was the fact that from what I could see, No real action was coming in hitting the bids selling out from those shares in the wall. Usually, if you are experiencing a " true " trader, when you see 300 board lots up on a price....shares from those lots usually come free from that price and try to be " first " to hit the bid. this seemed to not be happening at all today. What was happening was that each wall just kept getting whacked and chipped away at little by little. The last 10 minutes was really showing us something and I would agree that anyone not long or staying short for this weekend is a nutbar. New action is coming again and when you see people scrambling to get through the window at the close as it is shutting.......that is just a beautiful sight and it is NEVER a false indicator.........The ONLY thing keeping this baby down now are those who want to wait until it is ripe...........I think we are close.

enjoy boys and girls.

sg