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


To: Sili Investor who wrote (10447)2/24/1999 11:34:00 AM
From: GoNorth  Read Replies (2) | Respond to of 37507
 
Hey Bid.com Guys and Gals,
Can someone tell me if those in the know know something we don't. Why is the stockprice on the slippery slope. Maybe Crazy has some idea about why this decline is somehow good?. Help.



To: Sili Investor who wrote (10447)2/24/1999 11:43:00 AM
From: Crazy Canuck  Read Replies (1) | Respond to of 37507
 
I have to agree with Sili. There now are opportunities to protect yourself against a decline in the stock price. We didn't have that opportunity a few days ago.

I have to say again that the drop in price was fully expected given the number of warrants that had to be executed during the 10 day window. When this window closes, then that is the time when I believe this stock's value will start its upward climb.

I can't counsel you to hold on as I don't know your situation, however I can tell you that I will NOT sell my shares. I too have held on for a long time, and I have added to my position all the way through. I have brought my average cost up pretty high, but again, the risk reward ratio is what I look to.

Crazy Canuk