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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Jack of All Trades who wrote (6010)6/9/1999 8:22:00 PM
From: Whitetigr  Read Replies (1) of 7039
 
I think I saw 30 days somewhere before but give em 45 days or so. Some people are going to need to come up with the funds.

I am looking at it like this. Here we have a stock that has one heck of an asset <CBQI> even if the share price does not yet represent it. It must have one heck of short position in it <meaning MIDL>. It is my understanding that you can not get P certs and there are one heck of a lot of those shares out there without certs which means a lot of common shares to be short. We have to get a solution for the W's and if we solve the W's then how much farther can they really drive this thing down. After all we aren't trading now <G>. Who knows, maybe when we start trading no one will want the W's other than shorters and their time will be limited. Or we will have a large enough asset in CBQ that will justify a higher share price.

The higher share price might happen. I guess it depends on how long it takes for this stuff to start trading. It is possible for CBQ to become a large enough asset that midl gets the 2.50+ share price for more than 10 days and can buy back all the warrants at 0.05 maybe a way off but it is possible. Time will tell.
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