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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: Angela B. who wrote (34486)7/30/1999 3:31:00 PM
From: Victor  Read Replies (2) | Respond to of 37507
 
Angela, before you consider averaging down, ask yourself why you bought at $20. Then consider whether anything has fundamentally change since, other than the soft financial results.

Have BIDS set goals? What are they, are they being met?

Answers these questions truthfully to yourself and you will have your answer as to whether to average down or not.

Also consider that if you do average down, how urgent will you need the funds or can you wait for the stock price to recover.



To: Angela B. who wrote (34486)7/30/1999 4:12:00 PM
From: ga  Read Replies (1) | Respond to of 37507
 
DOWN,sorry to say



To: Angela B. who wrote (34486)7/30/1999 4:17:00 PM
From: Lucky Guy  Respond to of 37507
 
Angela:
This stock is a dog. Quarter over Quarter revenue growth sucks. This is a speculative internet stock. Earning suck as well. I could see staying in the stock if there was huge revenue growth. This is not the case. I don't agree with averaging down either. This is not a good strategy with this kind of stock. Cut your losses and move on. Imho this stock will go lower. The bubble on this one, I am afraid has broken.
Lucky Guy


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