SFAD @ .05 8 million shares traded Friday Whats up Message Board

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Microcap & Penny Stocks : SFAD @ .05 8 million shares traded Friday Whats up

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To: Don craig who wrote (61)	6/4/1996 8:34:00 AM
From: James Griffiths	of 88

Hey Don, Yes, I do believe that individuals hype these stocks on the internet. Once in a while someone will find a good company and it will soar and drive its price up with the more secure securities. No, I am not holding all three at this time. I am a little puzzled with SFAD only because the volume has been so great for the past two weeks. This tells me that something is in the works. Most hype stocks will have great volume for a few days then die. SFAD has not been below 9 million in the last few weeks. If you look at DRYD, the volume is very low right now and the bid/ask is wide. I'm not sure how investors buy these stocks with bid/ask over 100% apart. I guess you just cross you fingers that it will run up. MAMA was this way and I sat there and watched people buy at .05 on the ask but the bid was .02. The margin needs to be just a little closer for me. In most cases investors make money off penny stocks by hype. A good example is IDID. I know a few millionaries out of that one but I sure feel sorry for the individuals that purchased at 1.78 a share. Anyway, I'm not saying these compnies aren't going to make it to the big time but the chances are slim. I don't use a great deal of money in penny stocks, I keep that for AMTX, USRX, HWP, MEDA, QDEK just to name a few. I'm now waiting on Aware to hit the market as an IPO. Don't like IPO's but this one may just be the one I'm waiting for. Communications is a big deal right now because of the internet. Europe accesses the internet many many times faster than us in the US. Something will be done in the next few years. AMTX was at 4-5 dollar range just last December. It's come a long way. Well, this thing is getting a little long. Talk later. GOOD LUCK!!!!! James Griffiths Atlanta, GA

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