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


To: Denise D who wrote (12667)3/24/1999 12:24:00 AM
From: Tiger USA  Respond to of 37507
 
I try not to predict things, especially on something like BID.COM, but, since YOU asked:
I think BID.COM has too many day traders, short-term "quick-shot" traders, and lurking shorters to make constant sky rocketing gains.
I think this is a good thing, though, as I feel the stock will increase more gradually, avoiding the sky rocket and plummet syndrome.
I think the stock has a good chance of touching double digits this week, but I don't think it will close there, at least not THIS week. Up too fast too quick IMO. Also, the equity markets, in general, haven't been "up-ity" recently either.
Of course if there are any major news announcements all bets are off.

Just my thoughts.