To: Jeffrey L. Henken who wrote (2536 ) 8/2/1999 4:12:00 AM From: Coral4pH_dot_com Read Replies (2) | Respond to of 3514
Jeffrey, RE: GRAR MOMENTUM ON MONDAY and (hopefully) REMAINDER of WEEK!!! As Jim has indicated, the market cap of $74,000 for GRAR would bring the public float to nearly 3.9 million. Whether the float is 2.8 million or 5 million, we know that the float is almost gone with the "outstanding" number of shares sitting at 54.6 million shares. Here is some additional information regarding GRAR ... and you are right that info is not readily available on this company. I'm hoping this was intentional by insiders to keep this a secret until now. Once again, the cat has been let out of the bag!!! GRAR - .018 x .019quote.bloomberg.com Great American Recreation, Inc., together with its subsidiaries, owns and operates a summer recreation park, Action Park, and a winter ski area, Vernon Valley. The Company also develops real estate, including condominiums, a health club and a spa, adjacent to the recreation area. Action Park and the Vernon Valley ski area are located in northern New Jersey. Major "rumors" of company re-emerging from "reorganization" and Market Makers having major "illegal short" position and having to cover their "naked shorts" in the open market now. GRAR 52-Week High: .16 (6/15/99)quote.yahoo.com Re: Outstanding shares and public float. Although 54.6 million shares were previously reported as outstanding, the $74,000 market cap has been reported to bring the public float closer to 2.8 - 4 million shares. This would definitely explain why many believe we will witness yet another "huge" short squeeze this week with GRAR. This should be yet ANOTHER stock going to emerge today as it has been a sleeping bear! With the extremely volatile price increases that occur with buying pressure, it seems evident that Monday will bring some more record breaking gains. Have fun with this one!!!!! Good luck to all! CM