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


To: zwing_88 who wrote (14511)3/29/1999 6:46:00 PM
From: RG  Respond to of 37507
 
I suppose it's possible, but maybe someone else who has more expertise on technical analysis can answer that one.



To: zwing_88 who wrote (14511)3/29/1999 11:57:00 PM
From: NTT  Respond to of 37507
 
>>>I need your comments on this scenario. The marketmakers are holding the price of BII at the 15 -17 range because they are going to do a secondary at $10-12 U.S. when it hits NAZ. Doesn't this explain the ceiling in the last two days? Z <<<

I haven't seen any ceilings. Sure, there were a couple of big ceilings like about 400,000 at $15.00 on friday, but they came down quickly.

Today I don't think there were any signigicant false ceilings present. Sure, there was manipulation (I saw 30k blocks being played to move the market in certain directions) but the reason it didn't burst through $17 today was more a lack of steam than anything else. This is what I gather from watching the trades and the depth. My opinions only, but I'd to hear what others thought of todays activity.



To: zwing_88 who wrote (14511)3/30/1999 12:24:00 AM
From: SwampDogg  Read Replies (1) | Respond to of 37507
 
I thought that Godin stated that they were NOT going to do a secondary when they reach the Nasdaq. I do not remember the article but it was in the past week. Does somebody have it?