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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Big Dog who wrote (5743)3/18/1998 10:37:00 PM
From: rharris  Read Replies (1) of 8835
 
TNRG - the FLOAT --

The numbers as I understand them to be:

7,803,705 - Float (prior to 2,500,000 reduction)
- 2,500,000 - Reduced today (they said 25% it is actually 32%!)
_________
5,303,705
- 4,000,000 (held by people who paid a whole lot more, i.e. $1.50)
_________

1,303,705 approx. float

Yesterday traded 960,000 today 894,400. Take into account that there were some
profit takers today (most however bought and held today), it would appear that there's
not a lot of stock left out there. I think tomorrow and the next few days into next week
will be VERY interesting(especially if more news comes out).....................

Richard

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