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: J-R who wrote (23565)	4/21/1999 12:55:00 PM
From: Sal Pugliese	Read Replies (1) \| Respond to of 37507

Interesting play...I'm in at $13.30....

To: J-R who wrote (23565)	4/21/1999 1:01:00 PM
From: Zoro	Read Replies (1) \| Respond to of 37507

ouch! Haven't had the heart to jump in yet, have been watching since last Friday, read thousands of posts, checked the web site -- it's still a liquidation company- not terribly sexy; yet the pump puts it alongside E-bay, Amazon, etc. I'm trying to guess a low to take a flyer on the pure momentum that may well bounce this puppy back a little after hitting bottom, wish my 20-20 hindsight were foresight.

To: J-R who wrote (23565)	4/21/1999 1:12:00 PM
From: NTT	Respond to of 37507

Ok my current analysis: I think looking at TSE market depth is pointless right now because it feels like it's being purely driven by Nasdaq. Anyone else with both TSE MD and Nasdaq Level II agree or disagree with that? Ok on the Nasdaq side of things, volume had dropped off after 10:45am to some degree, but every time it goes into the 8's it picks up again (eg. 12:24-12:46). Indicates to me that there is a strong influx of buyers at this level. Overall volume is very good (5.2M) with lots and lots of daytrading going on. As I said before, even though it is going downwards right now, the key is in having lots of people interested in the stock. These same traders will be the ones pushing this upwards. If they take this down and then desert.. THEN we are in trouble. Looking at depth it doesn't look great. Buying at $8.50 and up, but very thin below that. The positive thing is that there is not much resistance on the upside either. This needs a positive catalyst to push it upwards, because right now it's continuing on its downtrend. I believe the bottom on this today is around US$8.50. General market: Dow down from earlier highs, but looks like it may he heading higher (+34). Nasdaq at high point now of the day (+49). AMZN +7 3/4 EBAY +7 3/8 YHOO +5 1/8 UBID +3 7/8 ONSL -1/8 EGGS -1/4