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.
Microcap & Penny Stocks : Bid.com International (BIDS)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sili Investor who wrote (8990)2/7/1999 9:54:00 AM
From: NTT  Read Replies (1) of 37507
 
My feeling is that if the MM are allowed to define a price, it will be equal to their peer group, who have all IPO'd between US$14-18. This is purely based on my observations and not on any type of concrete valuation model. On the other hand Steelguy has had me question myself and now I'm leaning more towards the theory that an existing security from a different exchange will simply open up at the closing price of its primary exchange when it IPOs on Nasdaq. The MM may then see fit to drive it to whatever levels they feel are fair. I don't see BII sitting at US $5 for very long. Even the cruddiest auction houses are sitting at US$15! Without a good way to propose a fair fundamental valuation, you can pretty much only compare market cap and price. That should drive BII up quickly IMO.

That's the great thing about these type of discussion boards! They open your eyes up to other possibilities which you may not have even considered :) Thanks Steelguy!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News