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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE

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To: caly who wrote (1424)3/4/2000 2:20:00 PM
From: straight life  Read Replies (2) of 1690
 
In substance: IWMSF is a gray market security, not traded on exchanges in the US. It's all broker-to-broker; no spreads, no size, no final prices. I used this fact as a reason in my post that Americans weren't buying IWMSF; I've put in bids at the market price that were never executed, as there's no real 'price' that anyone agrees on.

There's no market maker or specialist supporting the price.

See post below:
Message 12674450

Infowave IR has advised me not to buy IWMSF.

The only response I got on this board to this info was: "BTW what's your point?"

But then again, who can teach the blind to see?
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