Bid.com International (BIDS) Message Board

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

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To: hsg who wrote (31431)	5/27/1999 10:10:00 AM
From: RG	Read Replies (3) of 37507

On CNBC this morning, a respected Internet analyst stated that Insider selling is not a bad signal. It is a common practice and many insiders sell for many reasons, such as for taxes, purchasing a new home, etc. Some on this board would have you believe that insiders selling Bids is a unique and significant factor, but the truth is they distort the facts. The insiders still hold a very large position and the well known US respected Internet analysts do not view this as negative. From a well known recent publishing , a basher is someone who is for one reason or another trying to get the price down. The basher will make a big deal out of any news coming out of a company. The article goes on to say that bashers will distort information to make it sound negative to further drive down the price of a stock.

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