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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Land Shark who wrote (5637)1/8/1999 9:01:00 AM
From: gbr  Read Replies (1) | Respond to of 18998
 
My biggest fear on BII is that they may take a reverse split to get on the NAS



To: Land Shark who wrote (5637)1/8/1999 9:31:00 AM
From: donkeyman  Read Replies (1) | Respond to of 18998
 
Maybe BID.COM will cut their shares in half, this would double the price of their shares for shareholders. As far as the affect of EBAY or ONSALE or UBID, etc. having their shares drop, this could put huge profits in the hands of many of those shareholders, and benefit companies like BID.COM. You make money in this business based on "percentage gain" so a lot of those profits could end up in companies like BID.COM. Ask yourself this question, what company has the greatest chance for 100% rise? BID.COM at US$2.70/share or EBAY at US$300/share?



To: Land Shark who wrote (5637)1/8/1999 10:27:00 AM
From: alan  Respond to of 18998
 
buy a put on onsl to hedge your position