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


To: F. Evans who wrote (16207)4/2/1999 2:33:00 PM
From: donkeyman  Respond to of 37507
 
MAJOR ADVANTAGES FOR BID.COM ON THE TSE 300. I'm not too familiar with this stuff but it looks like it gives the company a good boost in the prestige department.
1. I understand in many cases, institutions, mutual funds and pension funds can only buy stocks listed on the TSE 300. lets hope now they will purchase a few BID.COM.
2. Individuals that are very conservative may now with the TSE-300 listing show some faith in Bid.Com and purchase a few shares.
3. If Bid.Com shares are purchased by institutions, mutual funds and pension funds, etc. will they not hold on to those shares for the long term? If that's the case, it's possible it may greatly lighten the load of the number of shares for sale when this company hits the Nasdaq. Thus, cause the shares to make a bigger jump. ( A lower share volume and a big demand.) !!!
4. Will a TSE 300 listing help Bid.Com's chances for the Nasdaq national or big board?