SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Bid.com International (BIDS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donkeyman who wrote (4095)12/31/1998 1:14:00 PM
From: Sili Investor  Read Replies (1) of 37507
 
>>>YORKTON has just shown they have the faith in BID.COM, one shot, 354,800 at Cdn$3.60/sh. that's a good boost to us all.!!! HAPPY NEW YEAR.!! <<<

I'm not sure I fully agree. It could be they are just trying to get their house in a certain order before the end of the year. If so it means nothing.

It could be they convinced a fund or major investor to ante up $1M (350x$3.60). If so, where did the shares comes from. I expect, although I hope it's not so, that they may have short sold those shares under this scenario. If so, watch the share price decline next week so they can make even more money off of BII's back!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext