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

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To: CBurnett who wrote (22831)4/20/1999 9:53:00 AM
From: Cameron  Read Replies (4) of 37507
 
A quick word of advice for Canadian longs....

Be patient... don't panic. We're not used to dealing in stocks that are truly controlled by MM! Strange things can happen... they are responsible for providing liquidity and an orderly market... but they also have an interest in making money. They do control the pricing. When the stock goes down they cover their shorts.... when it goes up they need higher and higher prices to sell off... but they have to do these things to provide liquidity. This isn't a world of simple market forces any more... they are directed!

The TSE traded stock is now also controlled by these forces... because if a gap existed, arbitragers would come in and even the playing field.

Good luck and have faith! bid.com is a great company with a very positive future and NASDAQ traders will love it... once they know about it!
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