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

To: MIghty KC who wrote (16230)	4/2/1999 5:07:00 PM
From: Ruyi	Read Replies (2) \| Respond to of 37507

Actually I think part of the run up had to do with the fact fund managers knew BII was getting indexed. It isn't rocket science . Market cap , volume, it was well known there were two openings coming up . Indexing can be a two edged sword. Funds constantly have to adjust positions so as not to be over or under weighted. Bii had a great quarter all houses and funds in Canada already in . Lastly I'm not a shorter but I tell you ,if you think Nasdaq is paved with riches watch out for US shorters , they are all looking to break the back of an Inet, BII is ripe for them. Lots of shares , no control by insiders 8% of issued stock and its been trading prior to any debut on Nasdaq.