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

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To: Norm Demers who wrote (90738)8/24/1999 4:17:00 PM
From: If only I'd held  Read Replies (1) of 119973
 
Actually, Re: GRIN.. The fact is, they will sell the crap out of the Pokeman product, and the baby Furbies are going to be hot this X-mas, just like the regular Furby was last year. This company has a way of getting on the hot stuff fast. I am sure all the huge toy companies started out like this. Next thing you know, they are multi-billion dollar companies. The funny thing is, since there are so few shares outstanding, all of this activity really hasn't even boosted the market cap of GRIN by the amount they will probably make on the 2 leading products they are offering. Heck, it's only gone up about 12 million dollars from the 7 dollar range. Add to that, there are no insider sales lined up, profits are starting to climb for the company, and they sure as heck are grabbing the attention of Wall Street. So we'll see. I read that post someone provided this morning from Yahoo and I have to say, I don't see where it is out of line at all. And that's coming from a guy who couldn't be more conservative.
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