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

To: NTT who wrote (27779)	4/28/1999 12:55:00 AM
From: Tom Hua	Read Replies (5) \| Respond to of 37507

NTT, if you knew the shorts who have shown up on this thread today, you wouldn't be giving them advice on when to short and when to cover. These people make a killing shorting P&D stocks like BIDS. Regards, Tom

To: NTT who wrote (27779)	4/28/1999 12:59:00 AM
From: Sword	Read Replies (4) \| Respond to of 37507

Tom and other shorts. I hereby admit I shorted this stock today. There's nothing wrong with shorting a stock that is obviously overbought. This stock is way overbought. However, it is a foolish man who shorts against the trend. I agree. The trend was broken this morning. This one has tremendous momentum with incredible volume. The momentum was taken to zero today. The volume was incredible. This is a highly reliable sign of a top. Today it churned a lot of shares in the CDN$28-30 range and consolidated to a large degree, even though Nasdaq was tanking huge. Precisely. There is still a lot of positive interest in this stock. As well as growing negative interest. Market cap, earnings, blah blah are all irrelevant right now. But will they be irrelevant tomorrow? This may be an excellent short one day soon, but right now you are going against the momentum and you will get burned big time. See above. My suggestion is for you to cover your short and wait for a definite signal indicating a turnaround in the trend.... It is upon us now. I advise that you listen to Pluvia and Tom. They are right more than they are wrong by a large percentage. The statistics are on their side. -Sword