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


To: Mike Perras who wrote (6156)1/14/1999 9:39:00 PM
From: F. Evans  Read Replies (2) | Respond to of 37507
 
I have some problems with Mr. Pink and what everyone thinks his abilities to "move" a market on. As Cash said earlier, this stock did fine without him and it will survive without him. He sold half his position because it's probably free paper to him now anyways.....and I never ever trust someone who says things like "after a meeting with management I sold half my shares" unless it is backed up with good sound reasoning....what was discussed, etc. etc. etc......don't forget that if he is privy to inside news before the market than he and whoever in the company is talking to him (if anyone) is breaking the law.

Like said earlier, this guy may be looking for some cheap paper and by getting his "followers" to sell tomorrow, he may actually pick some up. He saves himself by stating he was wrong before so if this thing rebounds he still comes out shining...think about it...if it sells off, he's praised for knowing first but if it kicks but he's also been conservative enough in his statement to say he still kept half and he warned his people not to "puke" their shares....smart guy.

Remember the "collapse" two days ago....$4.90....how long before she came right back to $7.00+?? Too many people want to own this stock for his opinion to influence it.

MR. PINK if you are reading this....tell us something we don't know...most of us here have already sold some position to lock profits. What was so negative about the meeting.....the fact that the cable deal will not be as big as the market expects? There is no cable deal? no nasdaq? etc. etc....

Everyone should stick to the real reason they bought this stock...re-evaluate the reasons and if nothing has changed, your opinion shouldn't either.

Frank



To: Mike Perras who wrote (6156)1/14/1999 10:01:00 PM
From: mike machi  Read Replies (1) | Respond to of 37507
 
Mike: e-bay was up on news as was egghead.

MM