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

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To: Muwamba who wrote (9253)2/9/1999 12:38:00 PM
From: NTT  Read Replies (2) of 37507
 
Heh, Well I've been asked not to disseminate fear to the masses with my commentary so I didn't say anything this morning. But the market was definitely going negative right from the get go. BII had a bunch of good strong buys at the start, but as soon as those went away, it started to fade. I was out at $6.95 and got back in at $6.55. Market had tanked a lot further then I expected, so I got a better deal out of it then expected. Things look like they might recover somewhat, but Nas is still down 47 pts, Dow down 74 pts and TSE 89 pts. By the way don't take this to mean that I'm always right. I've lost a buttload of money on BII at times by making the wrong decisions too ;-) Twice I sold early in the morning with the stock looking particularly weak, and both days a NR came out and the stock shot upwards. Got burned both times ... ugh!
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