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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: James W who wrote (34698)8/4/1999 5:34:00 PM
From: hsg  Read Replies (1) of 37507
 
Good for you James!!

Ps. I know who you are...your the guy that has been saying bii is on it's way up for the past few weeks...

Why did you not tell everyone else to hedge??? Were you trying to hype the stock up to further your own gains???

To: hsg (who wrote...)
From: James W
Wednesday, Aug 4 1999 5:18PM ET

Well, if you only knew who I was. I'm up about $560,000 to bids and have given back
about 55,000 by taking of my hedge. Unless the stock goes to -23 dollars I don't think
I'll lose any money. The broader market took a beating but if Non-farm comes in
weaker than excpected the market could rebound out of what is now oversold
territory. Again, I hope that you've made some money on the short side but I wonder
how much if any more downside there is left.
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