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


To: Carole Olkowski who wrote (14573)3/30/1999 1:49:00 AM
From: Dave Kiernan  Read Replies (1) | Respond to of 37507
 
Carole. the scenario as worst as I can see it unfold. BII drops to hi 11s. Many weak holders get shook out of their positions. The market "operators" get millions of relatively cheap shares. Then it is turned loose and many chase it to regain their positions, probably at much higher prices. This may occur before, during and/or after NASDAQ listing. Look at UBID chart, I believe its a similar road to the one we are on. I trade in and out of this stock as a daytrader, but never relinquish my core position. News can come anytime and I would not want to be caught without my ticket to ride.