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


To: Rocket Red who wrote (8025)1/30/1999 12:24:00 PM
From: Sili Investor  Read Replies (3) | Respond to of 37507
 
Red, remember that in theory the financing price should be higher to reflect the "potential" of the company, but the realistic price is going to be as low as the investment houses can make it. That's why I say $5 US, that's as low as you can go in regards to a NASDAQ listing. Remember, that the price hasn't even reached that price yet.

Also, that's $50MUS in BII coffers. They can do some pretty serious expansion with that!