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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Hamlin who wrote (3090)12/6/1998 10:17:00 AM
From: Fred C. Dobbs  Read Replies (1) | Respond to of 37507
 
Good morning Kevin,

Some good thoughts. You must have had a good sleep.
The one thing that really puzzles me about all the comparisons made between Bid.com and whoever is that USA vs Canada bit. The internet has no borders. I live in Winnipeg and converse with people around the world, shunning a company because it's Canadian is BS. Investors should draw their conclusions because of a company's fundamentals, not because it's freaking American. I wonder what would happen if we said we were from Mars.

Ron, in Winnipeg, waiting for Monday, but getting ready to watch my Broncos go 13-0



To: Kevin Hamlin who wrote (3090)12/6/1998 12:58:00 PM
From: Sili Investor  Read Replies (2) | Respond to of 37507
 
Kevin, you seem to have the capabilities to research this one for me (us). I posted a while ago a request for some research based on a claim by one of the contributors to this thread.

Basically, the theory was that Yorkton has a supply of cheap shares through its $1.75 warrants and as a result can continue to short BII and pick the shares up cheaper as the share price moves down without risk since they own the $1.75 warrants. This works for them because if they ever short and the share price goes through the roof, they can just unload their $1.75 warrants and not get hurt. Therefore, the theory would suggest that as long as there is no significant news, Yorkton can and probably will continue the game of shorting and suppressing share price. Hence, no short term gains.

A statement was made on this thread that Yorkton had Millions of shares shorted at this point in time, mostly at around $2.92.

Now, can someone do a little research to see if in fact Yorkton is short at this point, and if so, by how much?

With so much negative views expressed here from time to time, it would be nice to see if someone is giving us real information or just trying to shake out the nervous investors before the next share price rise! And once we know who is attempting the shakeouts, we can discount their information, if in fact, we need to.

Thanks, Sili(con) Investor

P.S. I am LONG on this stock and will continue to be.

P.P.S As well, I find it hard to believe that Yorkton, as a member of the board of BID.COM, would be involved in such activities. But maybe I have got to learn more about this investing thing. <g>



To: Kevin Hamlin who wrote (3090)12/6/1998 2:57:00 PM
From: Mr. Forthright  Read Replies (1) | Respond to of 37507
 
With such superficial analysis no wonder your track record is so poor.



To: Kevin Hamlin who wrote (3090)12/6/1998 9:27:00 PM
From: Goldbug Guru  Read Replies (1) | Respond to of 37507
 
I saw NBN Business news yesterday, they were talking about BII.
I think his name was Bob Boaz, a fund manager from the University Avenue Funds. He said the internet now a days are like the old mining sectors like Diamondview, Bre-x......
Canadians investing in certain internet stocks might one day get something equivalent to a Diamondview or they might get a bre-x. Da man said he wouldn't put internet stocks in his funds, but for some more speculative types of funds it certainly can. He also said Bid.com are probably just as good as Ticketmaster or Amazon.com.

Let me see Diamondview went from $3.00/1994 to almost $90.00 on July 95. Bre-x went to $285

......................................................................
Bid.com(BII) are just as good as Ticketmaster or Amazon.com

Dec 3/98 TMCS Ticketmaster IPO$14 HI 63.38 closed $40.25us +26.25 (+187.50%)

Dec 4/98 UBID IPO$15.00 HI 60.50 $48.00us +33 (+220%)

Dec 4/98 AMZN Amazon.com $188.50us
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