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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: Angela B. who wrote (34486)7/30/1999 3:31:00 PM
From: Victor  Read Replies (2) of 37507
 
Angela, before you consider averaging down, ask yourself why you bought at $20. Then consider whether anything has fundamentally change since, other than the soft financial results.

Have BIDS set goals? What are they, are they being met?

Answers these questions truthfully to yourself and you will have your answer as to whether to average down or not.

Also consider that if you do average down, how urgent will you need the funds or can you wait for the stock price to recover.
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