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

To: GoNorth who wrote (24466)	4/22/1999 3:40:00 PM
From: NTT	Respond to of 37507

GoNorth, yes you're right that things have changed somewhat since then. Both positive and negative. But does that change their valuation which was based SOLELY on earnings and industry multiples from a $12 target to a $2 target? That's a really damn big difference. Their price target is based on financials, not on how well or poorly the stock did on its introduction on Nasdaq. Either they were lying back then, or they're lying now. Either way, something shady is going on with them, especially in light of their accumulation -- especially in the last two days. And no, it is not short covering as someone pointed out. I can print out the entire months activities if anyone wants further proof.