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


To: Steelguy who wrote (15051)3/30/1999 11:57:00 PM
From: Denise D  Read Replies (2) | Respond to of 37507
 
Steel,

IMO this will be as good – or better – for the TSE as it will for BII.

TSE has taken A LOT of heat lately at not being able to keep up with foreign markets, especially since the DJIA has been flirting and then finally closed at 10,000.

In the short-term, maybe a nice little run-up for BII as less risky investors call their brokers about this little Canadian star with big potential.

Denise.



To: Steelguy who wrote (15051)3/31/1999 12:01:00 AM
From: GrokSoup  Read Replies (1) | Respond to of 37507
 
Unconfirmed rumor:

All stocks other than Bid.com will be eliminated from the TSE 300. From here forward, the TSE 300 will be called the TSE 1, or better yet, just Bid.com. Fund managers are pleased: "This will make indexing much easier," said Duncan Stewart of Tera Capital.

There is early word, however, that a Scarborough startup has received $4M to create a new TSE 300. For trademark reasons they are calling it "Rick".

P.
groksoup.com



To: Steelguy who wrote (15051)3/31/1999 12:38:00 AM
From: Mark Kubisz  Respond to of 37507
 
That would not be surprising. I believe market cap is the primary consideration for TSE 300 listing, and BII has that for sure. This will likely lead to some mutual fund buying, though not as much as if it were the TSE 60.



To: Steelguy who wrote (15051)3/31/1999 12:46:00 AM
From: brokker  Read Replies (1) | Respond to of 37507
 
Called the NASDAQ on March 30.

They said that it would take 45-60 days from Feb 16 for the approval. They could only say that they received the application and that they would more than likely be approved, but were not in a position to say much more than that. Also attempted to call the company, but no luck... with the amount of people calling one person, I may get a response sometime in 2003. As far as a nasdaq listing it may not even matter since everyone who wants to buy the stock knows where to find it, this was the greatest marketing strategy they could have pulled off. It should give them more traffic on their site... the more people buying the shares the more their site gets noticed. Now, as far as a buyout by e-bay , amzn, ubid, onsl, or egghead--- The stock did not move for no reason at all, not with that kind of volume and if there was a takeover, EACH OF THE PARTIES WOULD EITHER DENY IT OR NOT COMMENT. This is very normal. Prior to Loblaw's purchase of Provigo both companies denied the rumour yet everybody knew it was happening but nobody knew the price, this is just one example of many. The parties can't have the price elevate too much otherwise the deal gets too expensive for the buyer, and is called off. The recent trading days have shown the effects of American buying, it was like throwing a piece of meat (BII) in a cage of hungry tigers (U.S. Investors), leaving the shorts on their behind. Something is cooking.



To: Steelguy who wrote (15051)3/31/1999 8:04:00 AM
From: GoNorth  Read Replies (3) | Respond to of 37507
 
Steelguy, please reframe from posting this type of nonsense. It makes our country and exchanges look bad to US investors.

>>but there is a rumour that BII will be added to the TSE 300.........



To: Steelguy who wrote (15051)3/31/1999 8:37:00 AM
From: Mr. Forthright  Read Replies (2) | Respond to of 37507
 
Just an idea. Why doesn't BII take over Liquidation World? It could be quite the fit...



To: Steelguy who wrote (15051)3/31/1999 9:15:00 AM
From: Ruyi  Respond to of 37507
 
I heard the same thing .The index is a real possibility as BII has the price ,volumes, options and industry cachet .Remember the TSE is tired of losing companies to US exchanges.