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

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To: Lola who wrote (24418)4/22/1999 2:32:00 PM
From: Cameron  Read Replies (1) of 37507
 
I just got a call from a friend. Investorline is making calls now too.. it isn't just TD. Luckily he was in a position to cover no problem as well!!! Which he is doing!!!

I agree they should try and step margins down ... but with a stock that goes from $1.00 to $32 and then down to $8.60... all in less than a few months... well... I understand (sort of) why they've done what they've done.

You know, if they'd said all along that the margin rate on bid.com was reduced.... as it climbed to $32.00... well they'd have lost clients over that too.... this is a tough play for all involved... well except for the MM's now!!!
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