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


To: Sulayman who wrote (23868)4/21/1999 7:51:00 PM
From: PJ  Respond to of 37507
 
Well put. Wouldn't this downward trend be a great time for
BIDCOM to add treasury shares??

How many do they currently hold in treasury?? My guess is not that much. To raise capital, they could issue more shares, but why not have an investment banker like Goldman buy up a chunk, then sell into a price increase....

Whadya think??