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


To: donkeyman who wrote (4095)12/31/1998 1:14:00 PM
From: Sili Investor  Read Replies (1) | Respond to of 37507
 
>>>YORKTON has just shown they have the faith in BID.COM, one shot, 354,800 at Cdn$3.60/sh. that's a good boost to us all.!!! HAPPY NEW YEAR.!! <<<

I'm not sure I fully agree. It could be they are just trying to get their house in a certain order before the end of the year. If so it means nothing.

It could be they convinced a fund or major investor to ante up $1M (350x$3.60). If so, where did the shares comes from. I expect, although I hope it's not so, that they may have short sold those shares under this scenario. If so, watch the share price decline next week so they can make even more money off of BII's back!



To: donkeyman who wrote (4095)1/4/1999 3:52:00 PM
From: Mr. Forthright  Respond to of 37507
 
I guess you still haven't figured out that not all trades are done by brokerage firms as principals. Block trades can mean different things. Why are you so bullish on that one?