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


To: RG who wrote (16704)4/6/1999 9:20:00 AM
From: NTT  Read Replies (2) | Respond to of 37507
 
>>>When all of the index funds finish buying Bid.com, the float will be reduced! With a smaller float, this stock could take off like others we have seen do! What great timing for the TSE300 to happen right before Nasdaq. How exciting! <<<

Does anyone know what percentage BII holds in the TSE300? A harder question would be an educated guess as to how many million shares of BII will be absorbed by all of the index funds combined? (and not counting any other funds that may now be interested because of BII's performance and the credibility it has recieved by being listed on the 300!). Even with a small percentage, the sheer number of index funds should take a large chunk out of the trading float.