GIFS - *Most*Undervalued*Stock*Around* Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : GIFS - *Most*Undervalued*Stock*Around*

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Timothy Grimes who wrote (30)	9/30/1996 1:41:00 PM
From: Caroline	of 59

Yes. Absolutely profit-taking. People futz with .90-3.50 stocks all the time. Many investors are not into GIFS for the long-term potential value. Day traders push stocks like GIFS up and down. That's the bad news. The good news is twofold. One - day traders can help keep the volume newsworthy. Two - GIFS will probably want to buy their shares back as cheaply as possible. Any downward pressure on price enables GIFS to buy more of the 400,000 shares. Now, 1,250,121 shares of GIFS are currently unrestricted. If GIFS buys 400,000 shares, 31.25% of the outstanding, unrestricted shares will be off the market. So, earnings per share is calculated against 850,121 unrestricted shares instead of 1,250,121. Lower prices now only help to achieve a higher book value when GIFS becomes a NASDAQ stock. Regards, Caroline

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next