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


To: James W who wrote (24118)4/22/1999 3:01:00 PM
From: NTT  Read Replies (2) | Respond to of 37507
 
>>> Tell me you're really not that stupid pal.<<<

Don't call me stupid. I suggest you look at the numbers. They marked it as underperform yesterday. Since monday when it has been dropping, they have not had a single day where they shorted this. Why not? On top of this they have a price target of $2-3. 4 months ago, Pavans target was $12-13. The company is in much better shape today in terms of recognition and deals then it was 4 months ago. Why is it suddenly $3 instead of $13? If you are saying they are covering their short, when did they short this? All they've been doing has been buying. Since Monday they are up 224,000 shares. If there was ever a time to short, it would have been in the past 3 days when this stock has been plummetting.

>>>So try to think rationally for a change. <<<

Give me a break. They're playing this for all it's worth. They downgrade it, watch the fallout and pick up cheap shares. It's slimy but perfectly legal. If you don't believe me, check the numbers yourself. If they truly believe it had a target of $2-3, they would hae been shorting this like crazy.. even at $9. They would NOT be covering their short. And they certainly would not have been accumulating.. especially in the last 2 days once their change in recommendation came out. If you don't think these guys are playing this to their own financial advantage then you really don't understand how these slimeball brokerage houses work.

Oh and guess who the biggest sellers are? All the poor retail investors who got liquidated on margin or got scared into selling them their shares after the market underperform and $2 target. Greenline is down net over 440k shares today. Most of that happened near open.