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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Imran who wrote (973)4/11/1999 12:58:00 AM
From: ChainSaw  Read Replies (1) | Respond to of 3896
 
To qualify for the Small Cap Market they need a minimum US$4. bid price and meet market cap requirements. To qualify for the National Market they need a minimum bid of US$5. bid and a larger market cap.

Did people think that Bid.com would go on the NASDAQ or meet the requirements when it was trading at C$1.30 in NOV 98??? Most didn't

In 5 months from now we may see an entirely different company!! There is a lot going on that we don't know about but now that all the bad news has come out I am sure that a good news campaign will begin shortly. Earnings should be released very soon and should be positive.

The short position is the wildcard here and there is still over 1 mil share position to be covered. The big boys will be starting to cover very soon. The momentum is swinging upwards now and the investor reaction has already begun.

Cheers all long