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Microcap & Penny Stocks : CRGI... (Creative Gourmet)... The DD. -- Ignore unavailable to you. Want to Upgrade?


To: kbert who wrote (270)7/16/1999 12:53:00 PM
From: BudLong  Read Replies (1) | Respond to of 411
 
Archie,

Tom knows where the float is, except for a very small amount. So I'd say this is under control.

From the thread header:

O/S: 6M
Float: 3.9M
Management/insiders/"friendlies" own roughly 3M leaving about
1M tradable. The company knows the whereabouts of 2.9M shares of the 3.9M float. I know where roughly 400K is leaving ~600K tradable.

Since only 600K is tradable, just a matter of shaking out some weak hands, eh? With the lack of price movement lately, CRGI can't hold much appeal for daytraders.

Bud