Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GoNorth who wrote (22343)	4/19/1999 3:34:00 PM
From: Ruyi	Read Replies (2) \| Respond to of 37507

Everyone talks of US buyers , how about US short sellers , big float , Inets cratering .Tomorrow will be interesting !!!!!! Very light buying since news announced ?????

To: GoNorth who wrote (22343)	4/19/1999 3:38:00 PM
From: NTT	Read Replies (1) \| Respond to of 37507

>>>PS: BII doesn't appear to have followed any market. I don't know of any that increased 500% over the past few weeks.<<< I'm talking about general movement, not specific short term movements. There were many days that BII would move up or down at the exact same time as YHOO, AMZN, EBAY even though the link was casual at best. And I'm talking about even when the stock was at $3. This recent movement was obviously isolated and didnt strongly refectly what the market was doing. eg. When this thing first started its climb from $6 a few weeks back, the 2nd day of the climb the market was very negative. BII still ended up 45 cents positive or something. That was a clear indication to me that there was a LOT of interest in this stock and I bought in some more shares. Typically the only times a stock doesnt follow the market is when it's really small (ie crap volume and nobody cares) or if there is some strong sentiment (negative or positive). In BII's case all the rumors and speculations were very positive and it shot up like an arrow, regardless of the rest of the market. Since stabilizing at around $26-28 the past few days, it has been following the market to a large degree. I truly believe this has a lot of upside as soon as this correction is over.