SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : JAB International (JABI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lawrence Burg who wrote (2755)1/28/1998 12:22:00 PM
From: DDS-OMS  Read Replies (1) of 4571
 
Larry,

Aren't you leaving one huge factor out of your equation: New NASDAQ rules on maintaining listing taking effect Feb 2. If stock stays below $1 for 30 consecutive days, receives notice of delisting if stock doesn't stay above $1 for 10 consecutive days within the next 90 days. Chapin and Sterling are NOT going to let BCMD be delisted, as once delisted, it is extremely difficult to qualify for reinstatement. Sometime during February and for each 30 day period thereafter, IMO, BCMD will be above $1. To me, that says a buy today @ .75 will almost be a guaranteed 33% profit within a month.

Regards,
Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext