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

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To: Ruyi who wrote (13742)3/26/1999 3:18:00 PM
From: claud_c  Read Replies (1) of 37507
 
About margin, you are right, I did learn this few times, the hard way. I am very positive about this BII, however I am playing safe with my margin account and use it for very short periods and it did always serve me very well, so please anybody with a tight margin position, be very cautious, this stock will fluctuate a lot. So often I had margin calls, I had to sell and then it started to go up later in the day, not fun at all. On the other hand, I am full BII in my RRSP and I do not play with BII anymore in that account, I am simply buying more and more, I am very long. I am not an expert in Day Trading, I do however have RTQ and for me it was quite evident that the top box was 15.90 at one point and then go down, where will it goes I don't know, at the present time, the bottom box seems to be 15.30, The Chief is the expert in this, his projections are often quite accurate.

Enjoy the ride,
claud_c
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