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: waldo who wrote (2512)11/30/1998 10:27:00 PM
From: Steelguy  Read Replies (1) of 37507
 
Waldo and all....
Quite a day wasn't it.?????? F.Evans if you are reading this ...you must have felt more at ease today with the violent swings then you were two weeks ago right??? good.... Because what happened today is exactly what happened on that Thursday when BII gapped up from a 2.88 close to hit 3.50 and then tanked........remember??? Well...that was a good thing as we all discussed and we came to the conclusion that we were playing with a new stock now at new levels......and she kept going up day after day....a few pullbacks but up every day. So today happens and she gaps up $1.50.....well....that was just too much for me and I moved half of my trading position out....moved the rest of it at 4.45...... then traded it again buying at 4.50 and then selling at 4.90........ HOWEVER....never once did I consider selling the shares I have in my RRSP which are at a cost of 2.34.......and that is because the picture for this stock gets stronger and stronger every trading day. Had there not been the wicked selloff in the US this puppy would simply have kept going.......but alas...the bubble burst....FOR NOW. But tomorrow is another day . Remember....It is not a continuous market!!!! You can bet on that...today was a case in point gapping up 1.50. I am sure the people who sold at the bell on Friday were shaking their heads saying...." what the heck changed over the weekend??? " Nothing changed...the market was just on a different day.
This news tonight after the close is intriguing and will ensure that this baby continues to be a trading dream and a wonderful investment for people.. I have said this for two weeks...that I am both trading this stock and I will not sell my original purchase in my long term account because I am convinced that we will once again....in the not too distant future, see those US internet stocks tickling their 52 week highs again and once they start back on the road up...BII is going to chase them with a vengeance. The news that comes out between now and then will serve as great fuel for the rise. We may actually see the beginning of another great rise tomorrow at the bell. I will be watching....ready to buy to trade again..and enjoying watching my investment appreciate.

enjoy

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