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Bidstack : Broker Stifel is ‘avin’ a Turkish with one of the crappiest notes in history

Tom Winnifrith
Monday 11 May 2020

The key phrase in today’s research report on Bidstack (BIDS) from broker Stifel is “Stifel does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision.” Put another way, Bidstack runs out of cash in a few weeks, needs to get a bailout placing away with Stifel which will earn 5% commission on that. The report is truly dire.

About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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