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


To: Jester who wrote (7416)3/28/1999 8:13:00 PM
From: David in Ontario  Respond to of 18998
 
BII.T - some thoughts

A NASDAQ listing does not generate value in a stock. How many on that exchange trade below $2? Volatility has now set in and it has become a momentum play - not a value play.

I would be careful buying right now unless I was day trading - which I never do.

It looks a little overbought to me.

If it does fly - then best wishes to the longs.

I am on the sidelines with this one for now.

David.