Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Norm Demers who wrote (90715)	8/24/1999 3:38:00 PM
From: Terp	Read Replies (7) \| Respond to of 119973

I would like to understand one thing. How does a stock (GRIN) with a 300K share float do over 10 million shares?

To: Norm Demers who wrote (90715)	8/24/1999 3:49:00 PM
From: fiberman	Read Replies (2) \| Respond to of 119973

GRIN!!! What am I missing about this? I am not trying to be a jerk, but am trying to understand your conecpt of day trading. This company is not exactly an "IBM". The low for the year is $1.00 It is a Canadian company. Bigger players like ToysRus can kill these guys. The balance sheet does not look very impressive. It has a float of only 300K. Today over 9 million shares were traded. This means that you guys, the daytraders, have bought and sold these shres 32 times!!!! What am I missing? Sorry for the long post on daytraders' thread, but I am just trying to understand the logic here. Thanks in advance people!!!