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Microcap & Penny Stocks : GIFS

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To: Jeff Silverman who wrote (3166)3/26/1997 1:21:00 AM
From: BoNg-N-BoNg   of 8012
 
Jeff...>>>matter is that one of the Market Makers, "Frankel" has a short position of in excess of 950,000 shares <<<

Whoa!!! that's a lot of short for a small float... I think Frankel is stupid enough to short GIFS at this bargain prices and small floats for a fundamentally sound company like GIFs...they are in BIG TROUBLE ahead, starting tomorrow, many investors will recall their shares from their brokers.. then comes mid April for independent recommendation/analysis from J. Freedman & Associates.. then by the end of April/early May is the release of 1st qrt. '97 10q report...oh yeah, don't forget the closing date of CRIC on late April....then we have the audit report by Big 7 by May.. then application to Nasdaq Sm Cap (or NMS)/AMEX after the audit... then ....oh goodness just too many good thing happenings... <remember, read between the lines>..

just a thought..
foOLIsh eL...
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