To: Lucky Guy who wrote (21989 ) 4/18/1999 10:59:00 PM From: F. Evans Read Replies (2) | Respond to of 37507
OK....here it goes....... This is not a general statement as to what anyone should do with BII shares but it is what I'm doing. I don't listen to anyone like Dagan for starters. Why? He has been consistently wrong in the worst sense about this stock and how it may play out. If I listened to him, I would have sold at $3.00. I got into this stock thanks to Waldo's tip over at the ARP thread back in November. Since then, I have become deeply involved, calling in some huge favors from some people I know at a brokerage house here in Toronto. No names will ever be mentioned. So far, they have been bang on in their tips. For instance, I posted right here about a week before this stock took off (give or take a few days) that we were mere days from lifting off. I posted this based on the information I obtained. It was accurate. All along, the information has been accurate and I stick by my sources. Next, I truly hold the stock (and option contracts) because I like BII and I like it's direction. I also hold because I'm eagerly anticipating a listing on the Nasdaq. I may sell after the listing, not because I like the company any less, but because the name of the game is making money. I will though buy back a smaller position after the volatility subsides because I truly believe that BII is unique in it's business model and the patent they have will be the envy of the auction site group of companies. There has been nothing negative to report. NOTHING. If waiting for news gets people antsy then we've seen the results of that this past week. Lets not forget the tremendous run-up this stock had and profit taking was inevitable. Is it over? I seem to think so. What's in store for next week? A ton of speculation and a ton of enthusiasm. I've seen no reason to sell. In fact, in my opinion, all the ducks have been neatly placed in a row. What's the rush? If you don't think that BII will get it's Nasdaq listing...sell now and get lost. If you believe it will, stick with it. Every time we see a run-up, people lose their heads and can't fathom the fact that it slows down while profits get taken. When we enter the flat spots, people get nervous for no apparent reason. Maybe the nervous ones are a bit over-extended? Who knows. I do know though that this thread has become a forum for childish banter...the old "Mine is bigger than yours" argument. Who really cares what Doug says or what I say for that matter. Let's stick to posting useful information about BII and the industry in general so we call all stop sifting through thousands of meaningless posts and get to the real issue....making money! I personally thing that there is room to go up. Maybe tommorrow or next week. I'm sticking to my guns and maintaining that something will happen within these next two weeks. Possibly this is the week. If it isn't...and the company doesn't issue a formal press release saying it hasn't met Nasdaq listing requirements, then it will have to wait to the week after. Why sell if the company hasn't given you a reason to? As for Dagan...he is bored. Apparently he's been on holidays this week but it hasn't stopped him from posting daily. That should tell you about this guy and his motives. It has become trendy to bash BII but I notice that everyone trashing it either missed the boat or got off too early and is now bitter. Previous posts have all pointed out the strong evidence to suggest that a Nasdaq listing is just around the corner. You know...the wording in the recent filing, the ticker symbol etc. etc....so then, why would you sell or even think about it without any confirmed negative news and especially if you still believe what you did when you bought the stock? RELAX PEOPLE......I am. Frank