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) -- Ignore unavailable to you. Want to Upgrade?


To: salexa who wrote (2720)12/2/1998 2:51:00 PM
From: ztect  Read Replies (2) | Respond to of 37507
 
How can BII get on the Nasdaq overnight???

Two words..... Reverse and Merger

In a reverse merger Bid.com can find a shell company on the nasdaq.

In theory that shell acquires shares of Bid.com and bid.com becomes part of that entity.

In reality bid.com , though acquired, uses the shell as a work around to get on the NASDAQ without meeting all the listing requirements.

The shell company's name is then changed to Bid.com

Deal done .

On NASDAQ...maybe even by Friday.

Maybe that was the big announcement that got delayed??????

Just a guess.

ztect



To: salexa who wrote (2720)12/2/1998 3:03:00 PM
From: Sans Souci  Read Replies (1) | Respond to of 37507
 
Sorry, I'm not short BII, just not long anymore. With a potential to pop to $5-10 in an instant on a surprise killer announcement, I'd never short this stock. Will definitely be jumping back in, but only at a lower price.

BTW, why do you assume that I'm a "guy" ???

S/S