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

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To: Jerry B. who wrote (8075)1/30/1999 11:19:00 PM
From: Steelguy  Read Replies (1) of 37507
 
Jerry,
as much as you may not agree....BIG BROTHER IS NOT WATCHING THE TSE. This is as TRUE a market as you can get....granted, some market manipulation by houses occurs but NOTHING LIKE NASDAQ AND BB STOCKS!! I can sell YOU my shares on the TSE.....but I CAN't do this on Nasdaq now can I?.......I sell to market makers who sell to you right?.....NOT A TRUE MARKET.

This stock is trading in patterns DEPENDING on many factors, one major one being what the US internets are doing.

as to your question: who is buying at 9:31 to 9:45 and then who is dumping???? I have to laugh a little at that comment. Not laughing at you but Jerry, obviously you have never daytraded stocks. IF THERE IS A LARGE GAP UP.......the ones buying on the first trade are 95% of the time the AMATEURS, and those selling 10 minutes later are the PROS at daytrading because that is how you make money my friend. SAME SCENARIO ON A HUGE GAP DOWN....in most cases.....BEST time to buy is in the first 1 - 3 minutes of trading on a huge gap down......those selling are the amateurs....buyers...pros.
I don't think you realize that the TSE is a real market...not controlled by market makers to the degree that nasdaq is.

sg
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