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

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To: JKNF who wrote (17451)4/7/1999 10:41:00 PM
From: Thomas Kirwin  Read Replies (1) of 37507
 
UPCOMING NASDAQ ANNOUNCEMENT:

Repost from Raging Bull.....

By: mirage100
Wednesday, 7 Apr 1999 at 10:01 PM EDT

I am posting this for you on RB to read. I believe it will releive any anxiety that you may have about the stock in the coming weeks. I posted it on SH but would like to share it here as well:

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"Mirage, yesterday or the day before you mentioned that a "source" informed you that BID was confirmed for the Nasdaq, have you heard more? When do you think we will see an announcement? And who would issue such an announcement, the Nasdaq or BID? "

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What more is there to hear?...it is a done deal...I do not question THIS source.....too close to the action....

I do however think that the most likely scenario is that they know about the listing and are waiting for the right time to announce it...so what IS the right time you ask? Well in my mind I think that they will first get on the TSE300 officially on Friday the 16th. Fund managers will start aggressively accumulating the shares. As a result the float starts to shrink....less supply....yet a lot of demand for the shares as they become sparse. Smaller float means less shares to go around = higher stock prices...then amisdt this time they will announce that they have been approved on the Nasdaq (small cap) and the share prices just go through the roof....literally!!

It is like moves on a chess board....sometimes you have to watch for a long time to see a "strategy" unfold....

Do not worry about the Nas. THEY QUALIFY FOR THE SMALL CAP BOARD.... HOWEVER...... AS A RESULT OF THE SHARE PRICE GOING THRU THE ROOF OUR MARKET CAP WILL BE OVER 2 BIILION DOLLARS..... AND THEN THE FINAL ACT.... THEY GO TO THE BIG BORAD WHICH IS WHERE THEY WANT TO BE TO COMPETE WITH THE EBAY'S UBID/ IBIDS/HE BIDS/EVERYONE BIDS..... MASSIVE EXPOSURE ON THE BIG BOARD......KABOOOOOOM FOR THE STOCK!

Are you starting to see a strategy here on their part????

Patience is a virtue..... just wait and hang tight is all I have to say to you and everyone.... for those that persevere to the end they will be handsomely rewarded... even if they came into the BII scene recently..

Good luck and hang on to those shares!!

Mirage
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