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

To: GoNorth who wrote (23047)	4/20/1999 1:05:00 PM
From: lib	Read Replies (1) \| Respond to of 37507

Implode - that still involves some type of explosion occurring.

To: GoNorth who wrote (23047)	4/20/1999 1:16:00 PM
From: NTT	Respond to of 37507

>>>NTT, For sure. Bet on it! Do you think it could implode?<<< Well Nasdaq is strong right now, Dow is still negative. If the markets tank, then yes this can easily go lower. It has a resistance at US$14.25 right now. On the bid side it has good support down to $13.50 and very thin below that. If the market totally tanks, this could be at $11, sure. However I don't see it moving in that direction. I see a gradual movement upwards and the fact that there are more retail asks coming up I feel that others are also seeing an uptrend here right now. There is just that one weenie blocking at $14.25. If he wasn't in the picture, this would be MUCH higher, guaranteed. I think we will see an upwards movement from this point forward especially if the Dow can recover. AMZN, EBAY and others are already moving upwards strongly. Additionally I think strong earnings from MSFT and some of the other "Super Tuesday" bunch will put the market in a very positive mood tomorrow.