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Microcap & Penny Stocks : Bid.com International (BIDS)
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To: the Chief who wrote (1696)11/26/1998 11:06:00 AM
From: IdiotJed  Read Replies (1) of 37507
 
Yorkton

I think Yorkton is selling or pre-selling (shorting) their 5.7 million stocks attached to the issued warrants. That's the only reason I can think of when I see they already sold 3.8 million shares since Nov 18.

I think they go on frenzy buy at extremely high price only to get rid of short-seller block.

And since they still have to get rid of 1.9 million shares till Nov 30, I think a trade for their client would be a 11-11 trade.

But I speculate here. Maybe someone could clear this up for me.

IdiotJed
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