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


To: Lola who wrote (24409)4/22/1999 2:13:00 PM
From: Rocky510  Read Replies (1) | Respond to of 37507
 
Hi Lola, They should give more notice and step the margin down in stages though. They end up exacerbating the problem!



To: Lola who wrote (24409)4/22/1999 2:20:00 PM
From: Cameron  Respond to of 37507
 
Lola... smart strategy. A little more conservative than I, but I always make sure that I'm in a position to cover if need be... I had to sell out of a position once - way back when - only to see the stock rebound a couple days later. Not a mistake you make twice.

Unfortunately, I think there are a lot of people in the market right now who are new to investing, finance and business (don't take this the wrong way guys)... a lot of techs who have jumped on the band wagon in the past 6 months. bid.com was going up, up, up and they did overextend.... ouch.. ouch... ouch...!!! And it isn't just bid.com.. it is MCF and GLE and a bunch of potentially highly volatile companies.. even ATI and NNC these days!!

Anyhow... white knuckled but still long... watching and waiting...