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

To: Gator who wrote (14181)	3/28/1999 8:46:00 PM
From: donkeyman	Respond to of 37507

I was sort of figuring after 2 or 3 days of Bid.Com being on the Nasdaq they would be controlled completely by Americans. I since changed my mind on that one. Someone earlier reported they figured when Bid.Com goes on the Nasdaq the Americans will own about 5 million and the other 35 million will be held in Canada including some held in Europe. Everyone I talk to now that holds a few Bid.Com shares seem to have a plan. Everyone of them intends to unload from 25 to 50% of their shares in the first few days if it get's on the NASDAQ but after that come hell of high water, regardless of the price, the other shares are not for sale.!! Maybe a year or two down the road. I guess that comes from the EBAY experience. Many think when EBAY doubled from Cdn. $27.00/sh. to $54.00/sh. lot's bailed out. Especially when it hit up around $100/share. Nobody dreamed that within 6 months that stock would have reached a high of nearly 30 times its opening price of Cdn$27.00/sh. (the EBAY crowd didn't have the picture on the wall that BID.COM has).If that long term plan actually occurs, that's going to cut down on the number of shares circulating in the USA on Bid.Com.!!Remember the other day when BID.COM was trading over 10 million and all of a sudden for 1/2 hour no one would sell a BID.COM share.(no one expects BID.COM to come near EBAY but you get the drift).??