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Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Hamlin who wrote (1389)11/23/1998 1:46:00 PM
From: waldo  Respond to of 37507
 
Which one will it be?

>>Brian Campbell, head of Yorkton Securities' technology and telecommunications investment banking group,says the current deal has been structured such that the attached warrants have to be exercised before a United States public offering of at least $7-million (U.S.) is undertaken. He says that Yorkton and Bid.Com are paving the way for a Nasdaq listing.

The Nasdaq National Market Listing Requirements:
tht.com

The SmallCap Market Requirements
tht.com

Sounds to me like the NMS. Imagine how many shares would have to trade to keep the price up over 7.50 for 30 days!

W



To: Kevin Hamlin who wrote (1389)11/23/1998 2:13:00 PM
From: AL  Read Replies (2) | Respond to of 37507
 
Here is a quote from the book TRADERS GUIDE TO TECHNICAL ANALYSIS:

" every time a stock turns over its entire capitalization, it's like a giant spring getting tighter and tighter. When the OBV approaches 100% of capitalization, the spring will snap and the price breakout will be significant. If the stock is in a general uptrend, it will signal a sharp advance."

Sooner or later this baby has got to fly. The major holdback is that this is a Canadian company. A nasdaq listing will help significantly.

regards, Al