>>"bii will go down to $12.00 there is nothing to justify a price increase no more.<<
I'm hoping everyone is doing okay! Our timing to Nasdaq Market wasn't very good, with recent sell off on Nasdaq, tech/inet stocks and market rotation to cyclicals... But, today's turn around on Nasdaq and MSFT's decent earnings after the bell, should help the Nasdaq, tech/inet sector for a while.
I've been a broker/investor for long time and you know... This game is always hard from both sides, So don't blame your selves for what is happening right now. You can't always time the market... I bought this stock at $4(US) and still holding. It's called GREED!
For now... This stock is trading like a IPO at the highest point and profit takers/shorters are taking it down...It's possible to see $12(low)... But, Inretrospect buyer are picking up, the seller stocks, and trading float is shrinking and We will eventually see a up turn in this stock... Back to these levels $18(US) or higher. Hopefully within 30 days.
What make me say this? Show me a link? Just, trust me it will bounce back!
Market Makers are Big firms(Evern Sec,Goldm Sachs,Leahman,Montgomery etc.), Do you think these guys are buying this stock for their clients if this stock is a dog?
Internet is real and Bid .Com is for real. If you can't handle the volatility, sell your stock... But if you can, I think you will be happy you did.
Bounty |