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Microcap & Penny Stocks : Gourmet's Choice Coffee Co. - GMCH

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To: PK who wrote (1253)2/25/1999 3:56:00 PM
From: rharris  Read Replies (1) of 2161
 
GMCH - MM's short?

I hate to cry short story (people who do are often wrong or hypesters), but I went and did a historical volume report for GMCH for the past 1 1/2 months, and in that time there has been a total of approx. 100 MILLION shares traded. According to Tilton there are approx. 20 MILLION in the float.

GMCH has been trading multi-million volume daily for a long time. Even taking into account double accounting, it presents a very interesting situation with available shares. The shake-out yesterday (when they suddenly dropped it to .31)could've been an indication of the MM's situation.

With GMCH signing up with the largest franchise development company,I'm going to watch this one very closely....

Richard
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