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


To: zwing_88 who wrote (8996)2/7/1999 12:22:00 PM
From: Tiger USA  Read Replies (1) | Respond to of 37507
 
Reference to the NASDAQ secondary offering. I believe BII and the MM's will wait to see the price movements during the period between announcement and actual listing before pricing the offering. I believe this will between $7-$12. Pricing it at $5 would, IMO, show lack of faith and confidence by the MM's the company's ability to find support in the market.

John L.