Bid.com International (BIDS) Message Board

STOCKTALK

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.

Microcap & Penny Stocks : Bid.com International (BIDS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: donkeyman who wrote (5060)	1/9/1999 3:34:00 PM
From: the Chief	Read Replies (2) of 37507

If one held 2000 shares of BID.COM at a price of Cdn.$5.50/share and BID.COM decided to double the price to Cdn.$11.00/share but reduce your 2000 down to 1000 shares, wouldn't that be a fast track to the NASDAQ? yes, it is called a reverse split. When Zoom entered the NASDAQ their IPO price range was raised to US$12.00/sh. to US$14.00 from US$9.00/sh. to US$11.00/sh. and its size had been raised to 4 million shares from 3 million shares. So it seems a company can manipulate its shares going on the NASDAQ.??? For example, when UBID entered the NASDAQ, didn't they control the number of shares they put on the NASDAQ and held back so many??? Those are IPO(Initial Public Offerings) formats where a brokerage, not the company, can shift the price based on demand! This is not what will happen to bid.com! Waldo has been furnishing some numbers that appear to be useless. But keep track of the number of shares he says are already in US hands...those will be the only shares traded when Bid.com gets there listing inthe US!!! the Chief

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next