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


To: Cameron who wrote (25103)4/23/1999 4:45:00 PM
From: mccowaner  Read Replies (1) | Respond to of 37507
 
Hi... I'm posting this for a lurker....

"I called the news room at City TV. Spoke to journalist Mr. B.J. DelConte. He told me that Yorkton crossed (acquired) 108,700 shares @ $9.03 yesterday morning. He too was stunned about this and found the situation highly suspicious. He wondered why a company would pay $9.03 for shares which they valued at $2-$3

" The journalist was very sympathetic to our situation. He seems to think Yorkton exercised its warrants at the peak, then shorted the stock prior to releasing their report, then bought additional shares once the stock was oversold."

He gave me the impression that that he would truly look into the situation. For any others wishing to contribute their situations or facts, he can be reached at 416-591-5757.