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Microcap & Penny Stocks : Comparator (IDID): Stock Talk Only -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (541)7/15/1998 11:56:00 PM
From: William Macko  Read Replies (1) | Respond to of 610
 
Daniel..I was going to rip into you good but read your profile and changed my mind..IDID was a penny stock .03 to .06 that took off like rocket up to $1.88 after some big shots with the company let out some false information...This all happened in a matter of a few days..Some made money but a lot of others lost a great deal..When it hit 1 7/8 the word got out that it was all a scam and it dropped to 1/2 with-in minutes and trading was stopped and never opened again...This all
happened right after lunch so a lot of investors were at work and did
not have to opportunity be sell...Many may have bought in at $1.50
on their lunch hour only to get the news later...A terrible lesson for
many...The people responsible were tried, convicted and fined..Only
the shareholders that did not sell got hurt...

IDID trades on the pink sheets now and just went into a joint venture
with an other company that is paying the bills for some research in
bio-fingerprinting that IDID was involved with before the scandle..
Just a small ray of hope for those that still hold shares...I don't
know how far back this thread goes but it wouldn't be anything I
would want my 14 year old son reading if I had one so be a good guy
and don't go back..Follow it from here I think the Release is posted
about a month back..

Good Luck in your investments....Bill