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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: David D. who wrote (24771)12/9/1998 3:00:00 PM
From: Gator  Read Replies (2) of 119973
 
Well David, the ask is up again another $0.07, so it looks like we're already taking off. I'd expect to see increased volume as we get closer to the MDIH conference call on Friday. After that, depending on how the CC is perceived, we may see big movement afterwards. If Saferin gives some indication that 2nd qtr numbers will match or beat 1st quarter numbers, a whole lot of buying ought to start coming in. Very small float (7.7 mil shares outstanding, probably 2 million in float), so it moves big on any kind of volume. Looking for the bid to come up to $0.75 today to trade at 3/4-7/8 to end the day.

Gator
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