Replies to post #1019 on CBQ, Inc. (China Business Quotient) (fka CBQI)

[Bixmann]

Da,

I completely agree with you regarding your supply and demand argument. In 9/99 CBQI had what? 26 million shares? Then in 9/00 CBQI had 66 million shares. Why did that happen?

I don't remember this stock splitting so I'd gues we got diluted when the company used it's stock to make acquisitions.

Keep in mind, CBQI's run to 15 was at a time when every stock was running high (particularly internet and high tech). The market had high expectations for this sector. I do not beleive those expectations will be seen again for a while(5-6 years).

The overall economy will continues to see downsizing and layoffs. Moran Stanly & Dean Witter expects this trend through early next year. The stock market historically runs about 6 months ahead of the economy. Therefore, IMHO,we may see a rally after June. However, I wouldn't expect CBQI to be included in that rally. The E word still applies.

CBQI would do best if it has both positive earnings and high expectations. If what Gary says is true, and the Earnings begin to show positive numbers for the first quarter of 2000 then we may see a rally if Earnings hold to the Fall. That would give shareholders something to look forward to.

Since we have no earnings, all we have now are expectations of higher earnings. I can honestly say that CBQI can "expect" to loose that if earnings don't show up on the balance sheet by 3rd Quarter. All you have to do is read the investor's comments on this board to figure out that their disappointment is fostering frustration and impatience.

Bix

[Stock_Whizz]

Hey Da!!! 13 Cents:

Hey Da, take a quick quote, check the bid is 13 and the ask
is 18. A new low.

I am sure there is a sensible reason for this other than
a Spy Plane sitting on China's soil.

Whiz

[SI Bob]

On the other hand, we have read reports by those who claimed they had bought shares at the Bid. If you
can give me a sensible reason why this has persistently been reported, then I will be willing to say that a
fair market has been made in this security.

Actually, what you're willing to concede is the answer to your question: In a fair market, you can buy at the bid.

In my experience, it's not even remotely unusual to be able to buy stock at the bid. When I buy, I do so at the bid. When I sell, I do so at the ask. I usually fill. Sometimes I don't. If I'm not having any luck and either really want the stock or want out of it, then I'll sell at the bid or buy at the ask, which is almost always an immediate fill. If you buy at the bid or sell at the ask, you wait for a willing seller or buyer at your price.

For example, if I place an order to buy 1000 shares of a stock at 13 1/4, and I'm the highest bid, I'll get filled when any of the following happens:

1. Someone sells 1000 shares at market
2. Someone sells 1000 shares at a limit of 13 1/4 or lower

Whether you can buy at the bid depends only on whether someone's willing to sell at your price. If you're the high bid, the next sale at your price (or market) will go to you if things are running as they should.

If you're using a program like QCharts (which I use), it's pretty cool to watch Level II (works for OTC but not OTCBB stocks). I'll put in an order and see it show up and can see when I'm the inside bid or ask (usually next in line for a fill).