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


To: Michael Block who wrote (16728)4/6/1999 10:09:00 AM
From: NTT  Respond to of 37507
 
I agree 100%. Sorry, I misinterpreted you as saying that todays activity was largely based on the index buying.



To: Michael Block who wrote (16728)4/6/1999 10:13:00 AM
From: the Chief  Read Replies (3) | Respond to of 37507
 
The mutuals that want to buy when BII is on the TSE 300 will be instructing brokers to accumulate now at a lower price, then when the stock is listed they will transfer the stock into the fund...hopefully showing a profit already! Thats how it works! The funds don't put it on their books until the day it is on the TSE 300. So what you see right now is some brokers buying for some funds...it will likely settle down shortly!!

the Chief