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


To: srmen who wrote (24071)4/22/1999 9:00:00 AM
From: zwing_88  Respond to of 37507
 
1st quarter results will be released 1st or 2nd week of May. Z



To: srmen who wrote (24071)4/22/1999 9:05:00 AM
From: RDR  Read Replies (1) | Respond to of 37507
 
I was talking to TD Greenline about 5 minutes ago, The BIG news is that BID COM is no LONGER Marginable (100 % cash). Guess we will see some more selling and downward move (time to buy some if goes under $7.00). Anyone else getting the similar feedback from other brokers ?

Regards,



To: srmen who wrote (24071)4/22/1999 9:09:00 AM
From: NTT  Read Replies (1) | Respond to of 37507
 
Looks like the Yorkton coverage in the papers this morning is causing another panic dump from Canadians. PreOpen at $10.00 CDN. Good thing is that there's an equal (actually larger at the moment) number of buyers who obviously feel that it is undervalued at these prices.

I think Yorktons tactics are extremely unethical and their numbers in the article are questionable. They are simply playing both sides of the fence here. They hold on til they sell all of their warrants and then short the sucker and put out a negative report.

I don't think there's much hope from the Canadian market, but the good thing is that BII's intraday price seems to be driven from the American side -- and I believe they are finding that this is simply oversold. I'm sure it has shown up on everyones market filters by losing so much two days in a row, especially being an internet auction company. I suspect it will rebound after the open once all the Canadian panic sellers are flushed out.