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


To: dave brown who wrote (6224)1/15/1999 7:30:00 AM
From: Cush  Respond to of 37507
 
Hope I didn't help start all this question about who has what size position in the stock.

The point I was trying to make was that whether someone on these threads is or is not holding a large position shouldn't affect our determination to sell or hold.
I make decisions on either fundamentals or trends.
I would have to know and trust someone a lot more than we can ever know each other here before I'd invest or move a dime on their opinion.

However, it is hard to not get caught up in the enthusiasm expressed by some investors, or the concerns expressed by others. Our brief exposure to Mr. Pink's ideas was an example of this.

Now, as to where BII's going - like I might know.

I hope it is up.
If it is I suspect we're going to encounter a lot of resistance from about $7.50 up, with the strength of the resistance growing at $8.00
I think this will happen, if we go north, because there will be a lot of recent investors who expected a quick gain, bought in the other day, and will now be happy to avoid a quick loss.

If the price heads south on opening, where are the support levels?
Around $6.00 ?? And, after that??