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


To: GoNorth who wrote (20922)4/15/1999 2:10:00 PM
From: Tom Gordon  Read Replies (1) | Respond to of 37507
 
Go North, it was 22ish .



To: GoNorth who wrote (20922)4/15/1999 2:13:00 PM
From: Grant MacMillan  Read Replies (1) | Respond to of 37507
 
I saw the chiefs name, he's a good guy. eom GM



To: GoNorth who wrote (20922)4/15/1999 2:14:00 PM
From: DrReality  Read Replies (1) | Respond to of 37507
 
Chief left because he has integrity, something that because of you, this thread is now lacking. he didn't want to offer his expertise to chumps. Leave us alone. You ruined this thread. Why are you here? Why, Why Why?



To: GoNorth who wrote (20922)4/15/1999 2:18:00 PM
From: Ruyi  Read Replies (1) | Respond to of 37507
 
Actually Chief said he sold at $22 & $26 .Seems he knew something after all.



To: GoNorth who wrote (20922)4/15/1999 2:29:00 PM
From: RG  Respond to of 37507
 
Gonorth,
I believe the Chief cashed out in the $20s. He took his profits. You don't see him coming back here to bash the stock.
Everyone has their own objective.
Those of you who come here to bash have no other objective than to smear the company either out of jealousy or hate.
I don't claim to understand any of your motives. I'm baffled. If you get out like the chief, then you move on. Otherwise, why stay here.
Dagan, you are the biggest basher of all. You never answer a question and you continuously post little sayings that instill panic. You are obviously a very unhappy person. In fact, all of you are. If you were normal, mentally healthy people with a life, you would not be posting messages endlessly about a stock in which you have no investment.



To: GoNorth who wrote (20922)4/15/1999 2:31:00 PM
From: Cameron  Read Replies (1) | Respond to of 37507
 
There is nothing wrong with being an active trader in most circumstances... but... I think this situation is a bit different.

1) NASDAQ is going to happen some time soon - whether it is today or next week doesn't really matter. (Note that changing the BIDS symbol sends a definite message to the market - which NASDAQ isn't going to do in a spurious fashion. Given that, I personally think this is one of the final signs prior to listing.)
2) The downside risk here is minimal unless the listing doesn't happen. If there was still a risk of this I don't believe they would have gone ahead and changed the symbol.
3) There is potential for an upside return... I won't even speculate on what it might or might not be... but I believe it is positive and potentially sizable.

Given the above, there are 2 potential strategies
1) Hold
2) Sell with the option to buy back later at a lower price

If you buy into the above assumptions, then by holding you stand the chance to make some upside profit although it may not be maximized. If you sell with the intention of buying back on a swing to maximize your return over time (which I have done lots of with BII in the past several weeks) you are open to the risk of being caught with cash when the listing occurs. Assuming this happens outside trading hours there is the potential for a significant opportunity loss associated with the overnight gap which may occur.

Each of us has to weigh the risks and rewards and decide on our own course of action... and respect each others decisions. Having said that... let's all stop the name calling and bantering... it is getting tedious.