The Real Micro-penny- Less then one penny!! Message Board

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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!!

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To: Daniel Miller who wrote (268)	7/6/1998 1:59:00 AM
From: PitBull	Read Replies (3) of 906

Daniel, where did you get the idea that CHES has a low float? I looked at the historical volume and pricing of CHES back into 1996 and it has never been more than .015 in price, and that was on days with more than a million shares traded. What is it that defines a "low float"? Some investors might say that under 5 million is a low float for a penny stock. But many penny stocks of the infintesimal decimal variety often have well over 100 million in the float...EPEA has probably close to 180 million in the float and it has traded higher than CHES. PKGP (which has now changed symbols) traded several million shares every day for months and still hovered in about a one penny range.(5-6 cents) go to this url tradepbs.com and plug in the symbol of any stock and look at the price and volume for 360 trading days and you can study the behavior of a given stock based on volume and where the price either moved up or dropped, and also look at the intraday highs and lows... compare a small float penny stock like DYNS (about 5 million float) or GPIP (about 583 thousand float) IGNE (small float) or PKGP (which SUPPOSEDLY had a 35 million float..but it may have been up to 100 million from the way it traded) and look at CHES and EPEA see the difference on big floats versus small floats? Good luck on CHES. Hope you confirm the company is still alive before investing in it.

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