Tokyo Joe's Cafe / Societe Anonyme Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: JEB who wrote (145)	5/25/1998 12:50:00 PM
From: Dave Gore	of 8798

Jeb, thanks for the short info on PUMA, but do you have any info from the last few days. Shorters have stocks on their watch list and pour in to an issue when volume and price goes up. When it hit $8.00, the # could have swelled up by 100 times what it was. Is that why the stock had no follow through when it closed above 8? You info above is meaningless really. See what I mean? It's good to know if shorters come in every time it hits $8.00 and knock it back down a point. If we know the volume (i.e # of short days) then we know how much volume we need on the LONG side to start a short squeeze. So this may be a good investment or it may be stuck in a trading range, 6-8, even though fundamentals are pretty good.

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