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Microcap & Penny Stocks : E-COMMERCE by JVWEB, INC. (OTCBB:JVWB) -- Ignore unavailable to you. Want to Upgrade?


To: GC who wrote (583)5/26/1999 10:49:00 AM
From: Lee N  Respond to of 767
 
Looking at this stock from an investment perspective. I try to buy at a dip. However this stock always has a spread a mile wide. I have never understood why on some stocks the spread is extremely tight and some extremely wide. I find it odd there should be such a huge spread when there is such a low volume. Yesterday I had in a limit bid but the MM's wouldn't touch it. They obviously are not trying to sell any of the stock right now. Motives?
Lee



To: GC who wrote (583)5/26/1999 10:02:00 PM
From: Douglas Harper  Respond to of 767
 
<<good work , this means we should be seeing more $$$$ for the company>>

As a JVWB investor, I personally am not looking forward to the company calling the warrants. I would much prefer that warrant holders voluntarily redeem warrants. I find that, in general, a calling due of warrants causes the stock price to decline as shares are sold by warrant redeemers to defray redemption costs. I think that JVWB should do whatever it takes to get the stock price higher. A higher stock price will accelerate voluntary warrant redemption and therefore lessen the impact of forced warrant redemption.