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Technology Stocks : BHQUC Internet Stock under $1 -- Ignore unavailable to you. Want to Upgrade?


To: jeer who wrote (67)2/9/1999 12:29:00 AM
From: Rollcast...  Read Replies (1) | Respond to of 80
 
I think BHQUC's release stated that they had to maintain a $1 bid for 10 consecutive days prior to 3/10 in order to maintain their status.

That is why I'm long and holding. I believe the company wants to avoid the reverse split and believes their stock is truly undervalued even without the new e commerce potential.

Because of this I think we will have a window during the next 2-3 weeks where the company will provide news releases et al to promote the stock higher. I expect they will also be making presentations to institutional investors or funds to get them positioned.

Well, we will find out whether they can pull it off or not in the next few weeks... If they cant prevent the reverse I will sell and buy back post split as the website is brought on line. Either way I expect BHQUC to be an excellent one to follow/trade for the next several months.

Then again I could posting from an asylum.