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


To: Steelguy who wrote (16972)4/6/1999 11:31:00 PM
From: New Economy  Read Replies (1) | Respond to of 37507
 
I agree with you as the the following information I quote to you is based on research that investigated stock market anamalies:

"There is also evidence of return regularities to various measures of price momentum. THE RESIDUAL REVERSAL EFFECT --the tendency for recent performance to reverse over the short-run-- appears to be strong pocket of effecieny"

Therefore, the stock may be depressed early tomorrow morning and continue for a couple of days and then find support somewhere in the mid teens. Just my thoughts.

Lets be very careful about the TSE listing...does anybody remember GEAC corp? As soon as the stock fell like a rock due to investor concerns regarding declines in the ERP market, the TSE removed the company from the TSE 300 ! ! !
I am not say that will happen to BII but who knows?



To: Steelguy who wrote (16972)4/7/1999 6:42:00 PM
From: Steelguy  Respond to of 37507
 
>>> I will hazard to guess that she fakes a gap up and opens at $19.60....then a bit of a vicious selloff to who knows where....then...it all depends on the US market health, war, etc.......if Nas is down..she will stay down...if Nas and dow are rocking.....she will get strength again. <<<<

I GUESS I WAS WRONG !!!!! LOLOLOLOLOLOLOL

:o)

sg