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Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc.
TFRY 0.000010000.0%Mar 7 3:00 PM EST

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To: Richard Mazzarella who wrote (659)12/23/1996 11:00:00 AM
From: Janice Shell   of 2405
 
Richard--

It would seem, in any case, that DBC's got it right: it's now quoting 3 on volume of 2100 shares, which suggests that the last trade was a buy. Don't worry: I certainly haven't any intention of buying just now (or perhaps ever again). But so far, so good: I expected it to get trashed out of the gate, and in fact the first trade gave it a great big whack.

If market makers want to "buy at the ask just to suggest that it's OK to buy at that price", it's fine with me, but I don't think they're that dumb, not with a spread like this one. And the spread's a double-edged sword: the extremely low bid actually should discourage sellers to some extent.

I also agree with whoever said it that it's strange that volume is so low. Could well be that some owners aren't yet aware of either the split or the symbol change. But they'll catch on, and then we'll see.

Janice
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