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Microcap & Penny Stocks : GIFS

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To: Steve Brandt who wrote (5460)4/29/1997 9:39:00 AM
From: Bob Walsh   of 8012
 
Yes, volume should be high as greed turns to fear and panic. Pre open bid/ask was 1.00/1.03. With fear it doesn't matter what the assets may be worth for the time being. Later when the dust settles and all the facts are available we MAY see that those who sat tight came out allright but then again who knows right now.

It is interesting that all of this is happening with the CEO out of the country. Could be very clever planning by some folks.

Regards,
Bob
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