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Microcap & Penny Stocks : FRSH
FRSH 11.76+1.2%Jan 6 3:59 PM EST

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To: Richard Mazzarella who wrote (117)7/15/1997 11:27:00 AM
From: puzzlecraft   of 531
 
Richard,

The tight grouping of trades without news suggests that it was one person selling, for whatever reason. If it was a short term oriented person, perhaps taking some profits off the table. The small market cap makes it hard to move more than a few thousand shares without affecting the price.

FRSH has been reporting their last few quarters right on the 15th of the month following the end of the quarter. Today is July 15th, so earnings are due today. A recent call to the company confirmed the report will be coming out today. The last few quarters for which I have information show that the company releases its reports after the close, I expect the same today... so there are probably just a few hours left to place bets for this quarter's report. Hope it is good.

John
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