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


To: Lola who wrote (24196)4/22/1999 11:58:00 AM
From: Gordon Gekko  Read Replies (3) | Respond to of 37507
 
It's all about momentum. Everyone here was predicting U.S. investors would send this thing into the stratosphere. Well what do we have? Canadians are currently sending it into the crapper.

The run up this past month had nothing to do with PR's. As I recall there weren't any. It was pure speculation and nothing else.

Right now the momentum for BIDS is running in the wrong direction. Don't discount the value of it. I have no doubt that they will eventually test their old highs, but it may take a little while to repair this damage.

GG