Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: AL who wrote (4854)	1/7/1999 7:20:00 PM
From: F. Evans	Read Replies (2) of 37507

Al.....>>If the president of the company doesn't know why the price is going up, nobody else can either<< Don't be naive. I've seen press releases like Godin's many times before...where a company has to quench the exchange's thirst for information to justify it's move. It's the exchange's way of trying to police manipulation. Godin knows very well why the price is flying...Nasdaq around the cornder along with big news.......he can't say that though or he'll be forced to show his cards prematurely. I had my orders in a $4.50 today but she recovered from the open quick and furious indicating that she was not out of gas. Had to settle for more between 4.95 and $5.00. Don't ever take what these execs say to be the truth......We all remember the late Peter Welsh right...well the reverse is sometimes true to....ie the company says nothing is happening while all the while huge news lurks...Anyone remember Gandalf Tech? They were releasing news releases of this type all the way from $4.00 to $13.50. Frank

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