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


To: Tiger USA who wrote (18201)4/9/1999 11:00:00 AM
From: Tom Gordon  Read Replies (1) | Respond to of 37507
 
Tiger,you're right on that ,the first ten minutes of trading the average trade lots were 325 shares.Not exactly institutional dumping is it?



To: Tiger USA who wrote (18201)4/9/1999 11:06:00 AM
From: Muwamba  Read Replies (2) | Respond to of 37507
 
Its funny, all these people who panic at a 3 or 4 dollar drop, definatly do NOT want to be in this stock when we go to NASDAQ, so its good we shake them all off the tree now, stupid monkeys.
I'm happy were tanking today, i only wish it would close low too just to teachem a lesson..
MU



To: Tiger USA who wrote (18201)4/9/1999 12:36:00 PM
From: NTT  Respond to of 37507
 
Well the problem is the thin bids that are far from the current trading price. Once stop losses start kicking in, the drop is fast and furious and you don't want to be caught in the middle of it. That's why it is so dangerous to have a stop on something like BII. Then again, it's also dangerous NOT to have a stop in BII ;-) Use limit losses in conjunction with the stops, that's my advice.

Anyhow, it's trending upwards and it looks good so far. Big houses are doing some accumulation so I think they believe an announcement is imminent.