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


To: John Paquet who wrote (15211)3/31/1999 4:15:00 PM
From: Gabriel Louli  Read Replies (1) | Respond to of 37507
 
Not being a chart technician I am confused as to what todays performance means. I am bullish as I said earlier - based mostly on the fact that the stock is undervalued when compared to some of the American Internet Auction sites. Is there a method to this maddness? If so what is the best way to shelter oneself from the wild volitility?

What does the fact that it closed decisively lower that it's opening price mean (outside if the obvious more sellers than buyers)?

Can someone explain a "Put strategy" which can help smooth the bumps?