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


To: Rajiv who wrote (27344)4/27/1999 7:14:00 PM
From: MYRED  Read Replies (1) | Respond to of 37507
 
Go margin boy go - I love seeing people bet with what isn't theirs - Just fuels the fire when the squeeze comes - Go Sanjeev Go - Hope you are fast at covering - Good Luck

By the way how many "nth degree" inet stocks are worth $1b u.s? - I would do some more dd if I were you



To: Rajiv who wrote (27344)4/27/1999 7:20:00 PM
From: Crazy Canuck  Respond to of 37507
 
>>Short at an average of 21.625 - I am backing this with plenty of margin. Will be shorting more at the open tomorrow and at higher levels (if we see them). You can read my obituary next week <g><<

Rajiv, now that is a post that I appreciate. I like the fact that you have backed up you comments with reasons. You have also gone on record as saying what your position is, and will be.

I appreciate this frankness, and the tone in which it has been written. I just wish there were more post like this that we could debate. I think you are wrong, but I guess you picked that up by now! <ggg>

I hope you agree that, name calling, slurs, and put downs are draining and non productive. Unfortunately, I guess that is what we can expect when there is millions of dollars at stake.

Crazy Canuk



To: Rajiv who wrote (27344)4/27/1999 7:47:00 PM
From: Cameron  Respond to of 37507
 
Just one little word of caution... I shorted this once at $8.00 (after having gone long at $6.25 and selling)... no way it was going higher... pretty much same arguments that you have now. I got caught... did a little more DD and went long immediately and have been happy ever since. I don't believe that you have to "buy and hold". Normally I trade very aggressively... just be careful... bid.com always has lots of surprises. Successful dutch auction tonight... who knows what news at the end of the week... Q1 results in 1 and a half weeks probably showing 120% growth vs. Q4/99 (my speculation based on comments made by Godin in press re. annual revenue levels). Next thing you know you've lost a fortune. The big overnight gaps also tend to trap you.

You're obviously a big boy and I have no problem with short positions personally..... just be careful... and good luck!