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Microcap & Penny Stocks : International Internet (IINN)
IINN 1.025-0.2%11:42 AM EST

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To: Beermeister who wrote (370)1/30/1999 12:43:00 PM
From: Blitz  Read Replies (2) of 746
 
"Has anyone out there ever heard of a stock with a large float getting gobbled up and then the stock soaring to levels it shouldn't be at with such a large float? "

I was asking the same thing.

GMCH has a float of around 12mil, and it went from .05 to .80
in just five days, with volume way smaller than ININ.

SFAD has about 700mil to 1bil outstanding,
and a float of around 60 or 70mil, and it hit $.27 with
volume that was no where NEAR ININ's volume.

For a goof, would anyone like to take a guess at the price we'd be at if ININ still had the old float of 1.5 million?

As Joe Copia said, $1 is not out of the question.

Cheers!
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