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

To: mccowaner who wrote (24965)	4/23/1999 1:24:00 PM
From: Lola	Read Replies (2) \| Respond to of 37507

Most Canadian bank managers are pretty clueless about investments. I had a similar experience to what alot of the BIDS shareholders are going through but with a bit of a twist. Five years ago I borrowed $10,000 from my bank for an RRSP contribution. They approved my loan, set up my investment account and allowed me to make trades on it. The next day the bank manager called me and said that they had made a mistake allowing me to open a self directed RRSP and that I had to sell my holdings and put the money in a bank managed mutual fund. I said I didn't want to own a mutual fund. They said they wanted their money back then. Fortunately, I had made a very wise trade my first day in the market and I was up 300% in one day. I told the bank I would give them their money back instead of putting it in the mutual fund and that they would just have to wait for my trade to clear. Hesitantly they agreed, they actually wanted to reverse my 300% gain trade. I gave them their $10K and kept the $20K profit. Not bad for one day considering the money wasn't even mine and I paid no interest on it. Last year, I borrowed another $15K from the bank and they insisted again I put it in their mutual fund. I did and they lost 80% of my money. Canadian banks and brokerage houses suck. I am now with an Internet bank. Watch those same creepy banks will be lined up to buy BIDS at cheap prices and brag about their investment savvy when they get a 15% annual return. Lola:(

To: mccowaner who wrote (24965)	4/23/1999 1:25:00 PM
From: Slumdog	Read Replies (2) \| Respond to of 37507

To this thread: I have not read every post so please forgive me if this has already been discussed. IMHO, the present situation has provided an attractive opportunity for arbitrage players. If you have been watching the stock trade on TSE and Nasdaq you will notice frequent price discrepancies with regard to US/CAN$$ exchange rates. On a large scale this is lucrative for those playing the currencies. It also explains the large but similar volumes. Just my opinion. I have to agree with Mr. Collins. From the posts I have read, it seems that there is a hostile and abusive environment here. The same folks that were gushing about the huge run-up are now crying foul when the shoe is on the other foot. Its all fair game, folks! If the stock was still in the upper twenties nobody would be calling anyone a crook! Also, people defend this stock as if it were their birthright. C'mon people, trade for profit! It seems that all the emotion that traders strive to rid themselves of while trading, came together and landed in this thread. Can you take a loss without threatening someone?

To: mccowaner who wrote (24965)	4/23/1999 2:30:00 PM
From: Cameron	Read Replies (1) \| Respond to of 37507

ATTENTION!! ATTENTION!! I tried to catch CP24 earlier to verify the thing about Yorkton purchasing 1 million shares. Didn't scroll across the TV as I was watching. Just sat down for a bite of lunch and thought I'd try it again. They were talking about it... interviewing a guy from Elliot & Page about the morality of it... questioning the timing, etc. Yorkton did buy a million share block. It is confirmed. If they did this to cover a short position they took before the downgrade or went long when the price was at the low resulting from their downgrade, I would call that clear stock manipulation!!! I'm sure this will hit the print media tomorrow.