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dwayneshimizu (66.07)

BYD whtat do you fool's think about this stock?

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April 13, 2012 – Comments (1)

I brought byd's about a year ago what are you thinking fools , keep or sell?

1 Comments – Post Your Own

#1) On April 13, 2012 at 1:47 PM, traderbach (< 20) wrote:

Dwayneshimizu,

 On the face of it I think BYD is a good long term hold.  I own some and am holding it.  China may go thru some big volatility still but from all I've read I think BYD should eventually make a lot of money.  Not sure about the car side of it but I believe the batteries etc. side will push on through. However, I was going to trade it a while back (to get back in at a lower price) but right now I can't sell without losing too much money on the trade, I get this message "Symbol BYDDF is a Non-DTCC eligible security. These securities will be assessed additional fees ranging from $220.00 to $697.00 based on the fees assessed by the transfer agent. Please call the trade desk... etc".  This doesn't fill me w/ confidence as you can imagine and, as I've never had this happen, can't judge why this non-DTC status has occurred.  Maybe you're not trading the BYDFF version.

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