SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Bid.com International (BIDS)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JJ who wrote (1324)11/21/1998 11:07:00 PM
From: Steelguy  Read Replies (2) of 37507
 
there will be another drop JJ...and another and another and so on and so on ( remember the shampoo commercial ?)

However....the kicker here is that each fall will be higher up the ladder. Monday morning I think we will gap up to $2.65 + on the open......without news.....
With news....which I think is extremely possible after seeing the interview with Paul Godin, I think we gap straight up to $3.00 ...again that is WITH news.

I just think that we are in an environment where there will be many more people scrambling to buy than to sell. This whipsaw back down from $3.50 is the best thing that could have happened for the stock...At $2.31....the stock does not have far to go to get back up to its " frenzied " high last week..... If the stock had continued to run....it would be that much more of a gap to the resistance.
But now.....we have seen how the stock behaves.....everyone is learning how to play it and the traders will ALWAYS be there long and short.....ALL THE WAY UP. But the base will continue to go higher starting Monday. And I really think that barring any " negative " news coming....we will never see sub $2.00 for this stock again.

I have been very wrong before however........these are just my thoughts.

sg
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News