Joey:
<<How do you get the information from Sigma7. Is BMI another company from Sigma7 and PIC.>>
Since BMI was privately held the only way you're going to get information on it, or Sigma 7, prior to the time INCE bought BMI/Sigma 7 is to read the recent INCE 8-KA, which came out about 10 days ago. I suggest you print it and lay it out in front of you because it restates the financial of BMI, Sigma 7 BMI, and INCE/Sigma 7/BMI every which way from Sunday...... it can be confusing on the first read through.
1) BMI was a private company with 4 divisions prior to be bought out
2) Sigma 7 bought out BMI and became Sigma 7/BMI
3) INCE bought out Sigma7/BMI and holds it as originally named, Sigma 7/BMI
4) PIC is yet another division of INCE, unique from Sigma7/BMI
INCE is a holding company and in and of itself does not produce product or generate income. The companies it owns generate the income. (i.e. CA Tube, PIC, Sigma7/BMI). When you read INCE's 8-KA you'll see all these companies "consolidated" into one reporting entity called Intercell. Again, the only way to invest in PIC, or Sigma 7 right now is to buy INCE stock.
Re: your order: When you see a quote for INCE at $0.25, and you have a purchase request to buy shares at a limit price of $0.25, you're not necessarily going to get filled.
In INCE's case: right now the stock has a Bid price of $0.25 (the price the market makers state they will pay if someone "Sells" shares at that given moment, and an Ask price of $0.26, the price the market makers require someone to pay if they are going to "Buy" shares.
So, in the above situation, if you're waiting to get filled at $0.25 it will not happen because the MMs are buying at $0.25/sh not selling at $0.25/sh. Again, when the bid/ask is $0.25 - $0.26 (respectively) and you see a "quote" on your quote screen at $0.25 it means that the last trade was a "Sell", not a buy.
If you want more shares, and you don't think the Ask price is going to drop to $0.25, which would mean the Bid would have to drop also (more than likely caused by a wave of sell orders) than I would change your limit order to buy @ $0.25 to a market (currently $0.26), or change your limit order to $0.26. Sometimes however when a price is quoted @ $0.26 it can actually be $0.26349 (and the price is rounded off for the quote), so if you put in a limit price of $0.26 you might not get fileld either.....
I think we're splitting hairs here.... if you think INCE is a good buy at $0.25 then I personally (knowing what I know) would place a market order to buy the share you want (At this given moment you'd pay one penny more than your current limit price, which unless you're buying a million shares shouldn't hurt you.) |
