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Microcap & Penny Stocks : ALFN - Toy Store On The Internet

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To: glacierpsa10 who wrote (396)2/18/1999 7:54:00 AM
From: TOPCAT1   of 2136
 
The upward price movement all depends on how many people sell... I am not advocating that you don't sell but the bottom like is that this stock is so thin that if investors who bought over the last two days believe that ALOTTAFUN.com is going to be a hit and don't sell, we could potentially see a strong move today... Out of the OTCBB plays that I have been watching, the one's that are the most volatile and make the fastest and strongest upward movements are those with the lowest number of shares outstanding... the company's CEO keeps saying 2.5 million fully diluted, 2.1 million on the float, they are buying back 200,000 shares and insiders are not selling... putting this in perspective, after the last two trading days, in particular, the strong surge at the end yesterday, the float has thinned considerably... add some revenues, some "freakies" and a slick web site, this is certainly a recipe for success....
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