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

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To: Denise D who wrote (31519)5/28/1999 7:37:00 PM
From: James W  Read Replies (1) of 37507
 
Yeah it was a great day, I think that you should use what all the pros use, 21,50 and 200 day MA's you'll probably get a better picture from them. Since this was the first day up I think that we'll test the 18 dollar range again within the next few days, right around the 21 and 50 day MA. Either way, both charts point and look higher. We've retraced measured about 60% from the highs and now we march higher. I'm happy because I sold 13 and 12 dollar puts yesterday for 2.10 and 1.55 respectively and bought stock in the mid 12's although it looked scary at the close. Hope that you make a ton of money.
( I guess that my thoughts about 4 months ago about a 1 dollar bid.com stock have been blown out the window eh?....)

Have a great weekend
JW
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