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Microcap & Penny Stocks : Gala-Bari International Inc - GAB - E-Mall stock -- Ignore unavailable to you. Want to Upgrade?


To: The Osprey who wrote (376)6/9/1999 12:13:00 PM
From: cash money  Respond to of 829
 
From what I've heard only 2.4 million of the warrants were exercised and 1.8 million of them were eaten up the day GAB traded 4 million+ shares. I heard one guy is holding another 600,000 and he wants to wait until GAB gets things going and then he is hoping to cross his shares at a higher price. Best of luck Cash Money



To: The Osprey who wrote (376)6/9/1999 1:06:00 PM
From: jamie lindsay  Read Replies (1) | Respond to of 829
 
not sure on that one but I'm full now.

can't wait for some news.

ttyl



To: The Osprey who wrote (376)6/9/1999 10:04:00 PM
From: David Michaud  Read Replies (2) | Respond to of 829
 
You all saw this....
__________________________________________________
Gala-Bari International Inc. >>Quote Chart . Snapshot . News

Posted By Subject PostTime (EST) Post ID
RE: Bids/Asks Jumping Around At End Of Day!!!l 6/7/99 10:03:16 PM 289637
<< Previous Thread Next Thread >>

Here is my theory :
This :
Bid / 409 lots at .24 cents
Ask / 26 lots at .25 cents
Make the market look primed up, and sends the average guy go out and buy at market. That is turns, allows shorts selling on the offer.

That:
Bid / 33 lots at .23 cents
Ask / 200 lots at .24 cents
Make the market look bearish, and sends the average guy go out and sell at market. That is turns, covers the shorts on the bid.

The guy makes his $ on the spread.

Does that make sense to all .... _______________________________________

This is what's going on. It's all legal. The trader on this makes his $ on the spread, likely be covering all in one day.