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

To: Dave Kiernan who wrote (16254)	4/3/1999 4:35:00 PM
From: Darcy M Brockbank	Read Replies (1) \| Respond to of 37507

I'm really puzzled about the vitriol in your posts... (a) I'm a shareholder of BII, and I am holding it for what I think are good technical and fundamental reasons. So far, I've almost tripled my money with two positions (one hold, one trade)... so the market seems to be agreeing with me. I'm positive on the stock, I own a position, and like everyone else who holds a position and posts their opinions, my investing is in line with my bias. (b) Of course I'm biased towards Mach6. Nothing wrong with that, people are welcome to try it and make their own judgement. It's not for everybody, but that's true of all software. Since it's in Java, some have more problems than others, but there are many happy users. (c) SEEK: This stock has been very profitable for me. Since December, I've done: @ 46->47 for 1 point @ 78->90 for 12 points @ 79->92 for 13 points @ 87,68 (avg down == 73.42) -> 77.9 for 5.5 points @ 67->64 for -3 points @ 61.6->72.8 for 11 points @ 68->77 for 9 points @ 77->81 for 4 points @ 88.75->79 for -9 points @ 76 (currently open) As you can see, I don't just sit on a position. In all this, one small hurtful trade and the one big loser last week, but I cut the loss and re-entered, and I plan on at least being able to neutralize it. I'm pretty sore about that last one since I excited just before a big spike to 88, then got in thinking it was a breakout. The spike collapsed very quickly, and a rebound seems to be happening (which I'm in on). If your experienced friends want to stay away from the stock, there is nothing wrong with that. I feel pretty much at home trading this stock, and since I seem to have a pretty good record with it, I plan on continuing. I see no reason to leave profit on the table when it's there to be had. A good trader can trade anything. Now, all this said, I don't fancy myself particularly astute. I just follow MACD, look for simple reasons for stock movement, and stick with stocks that I feel comfortable with. The worst I've ever done was when I followed the Peter Lynch advise and ended up an "investor" with a portfolio of semiconductor stocks... ended up so disgusted with that I went all tech mutual funds, then came back as a "trader." Again, I don't claim to be particularly astute, but I do well enough for myself. My portfolio has more than doubled since early December. It's easy enough to do that in this market, but it's also easy to get burned.