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


To: JJ who wrote (13863)3/26/1999 5:35:00 PM
From: claud_c  Respond to of 37507
 
Hi JJ,
The lowest I can see is around $11-$12 and possibly happening intraday sometime next week. This BII is unpredictable, that is why I adopted long positions on it. This BII is an exception, for example, my initial projection when I bought them at $8.00 was a spike at $11.40 and that's it, get out and buy back at $8.00. It didn't happen and technically it had to happen. This stock, according to me, entered in an unpredictable state and this because of all the momentum around Nasdaq, you just wanna be there on the IPO, just seeing this BII triple on the first day. My projection, it will always go up until Nasdaq, with however very high intraday variations. IMO, playing with this stock with very tight margin and trying to short it can be very dangerous, daytrading however must be quite pleasant, again with cash only.

Best regards,
claud_c