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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime -- Ignore unavailable to you. Want to Upgrade?

To: Jester who wrote (4946)	3/26/1999 11:48:00 AM
From: keith massey	Read Replies (1) \| Respond to of 62347

Why short BII when you can get options. Wait until they run this stock up to some unreal price $20-25 then buy put options way out of the money. With a short you will make a max of 100%. With an option out of the money you could easily make 10-20 if BII crashes and burns. Of course if the EBAY rumors are right you may lose it all <gggg> Best Regards KEITH

To: Jester who wrote (4946)	3/26/1999 11:54:00 AM
From: the Chief	Read Replies (1) \| Respond to of 62347

Been thinking about shorting BII for the eventual drop this aft Here is the problem as I see it. 1) The people that got tossed out from 13.15 down to 11.40 will be pissed!! Some bought there shares for 2.00 and will likely buy in at any cost this PM to prevent any announcements on the weekend from killing them. 2) The majority of buyers are probably US buyers knowing full well they will get a bump on the Nasdaq listing 3) BII's value "relative" to other auction companies is low. Trading at $11.00US right now....therefore, I expect that the stock will rise to $20.00 Canuck ($13US)in the short term. There maybe an opportunity for a short...but I would not short with this kind of momentum ("I" would not) You may see it differently! BII- $16.70 the Chief