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


To: The Saint who wrote (16868)4/6/1999 5:06:00 PM
From: J-R  Respond to of 37507
 
The Saint,

Good points I agree. There is going to be too much buying pressure in the next 2-3 weeks for a $2-3 pullback to matter to me.. (plus I don't have the b*lls or brains to sell it now!) I like your target, I threw my old target out the window..

Jason



To: The Saint who wrote (16868)4/6/1999 5:10:00 PM
From: reg  Read Replies (1) | Respond to of 37507
 
Yeah if you have your initial capital back may as well hang on for Nasdaq. It has definitely got some major backer's for Nasdaq. $50 U.S.Lets see that would be a market cap of $2.5 billion U.S. for a stock with $14 million U.S. in revenues for the past year. Got to love it!
Forget TA on this one. It's tough to analyze a mania rationally.



To: The Saint who wrote (16868)4/6/1999 5:51:00 PM
From: NTT  Read Replies (1) | Respond to of 37507
 
>>> I can't belive you guys are selling at these levels, Cheif sold half his position. This stock is not a pump and dump, there is somebody out there buying this stock everyday and the price will keep going up until NASDAQ. That is just how it is why sell now for 1-2 dollars to buy more stock for, that is your thinking right? <<<

I sold out 55% of my position today at $18.90 as well. I had that order in before market open and decided not to pull it as it zoomed past. It gives me a very comfortable profit and I needed to pull money out so I can pay the tax man for playing with last years taxes ;) It doesn't mean I don't believe in the company or I dont think it's going to go a lot higher in the next few days. Very hard decision to sell out, but this way I've protected my profits. I still have several thousand shares which I will keep well into Nasdaq. I'm happy with my profits, and that's what matters in the end. My original target was $17, and I surpassed that.

It closed very strongly today -- I think $23+ is very possible tomorrow. Go BII!!



To: The Saint who wrote (16868)4/6/1999 6:21:00 PM
From: SwampDogg  Read Replies (1) | Respond to of 37507
 
If I feel there is going to be a pullback I sell part of my position plain and simple. I still hold a huge chunk of BII but to not take some profits after this kind of two day run is just not the way I trade. With stocks like BII the mood changes from euphoria to panic and I try not to get caught up in it. Without news in the next couple of days BII should dip to $18.50 or perhaps $16.00 and if it doesn't I am still happy. Nothing is a sure thing...although BII is about as close as I have seen.
Good Luck



To: The Saint who wrote (16868)4/6/1999 7:06:00 PM
From: the Chief  Read Replies (1) | Respond to of 37507
 
I can't belive you guys are selling at these levels, Chief sold half his position. This stock is not a pump and dump, there is somebody out there buying this stock everyday and the price will keep going up until NASDAQ

I can't believe you said that!! What I or other people do is none of your business! I only posted the fact I sold (2/3rds now) of my long position out of a courtesy. Everyone should have an "out number"! I based my out number on "MY" perception of what BII is worth! Your perception is US $50, good I hope you get it....I got my number and I am happy!!

I have survived in the trading world by taking my profits when I feel it time, not by taking my profits when others think it time. I do not run with a "hurd" mentality.

By the way I just past the US$ 110,000 mark today pure profit, don't you think I have a hard time not selling but it takes diciplin (sp-discipline)

I will remember this statement for the rest of my life, quite honestly, for the rest of my life!!

the Chief



To: The Saint who wrote (16868)4/7/1999 7:00:00 AM
From: Tom Gordon  Respond to of 37507
 
Mr.Saint,I concur with your train of thought,although I beg to differ on the 50.00us ,perhaps on the open but I see 75.00+ on big volume.Hope to see you at the finish line!