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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Norm Demers who wrote (90461)8/24/1999 9:53:00 AM
From: Kevin McKenzie  Read Replies (1) of 119973
 
GRIN's going to be a gut-wrencher. When a stock trades 6 times its float in one day, you know it's not long-term investors. People are trading the poo-poo out of it.

Yesterday's volume was 3.8 million, but NAZDAQ double counts, so that means 1.9 million traded. That's 6 times the float in one day. Wow!
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