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.

Non-Tech : GRIN (Grand Toys International Inc) -- Ignore unavailable to you. Want to Upgrade?

To: John Wilson who wrote (343)	8/28/1999 5:22:00 PM
From: Magic RN	Respond to of 495

John: I agree, in fact, I bought more on Friday. Tripled my position. I'm a nurse so I canvassed all the mom nurses last night re Pokemon and they all loved it but couldn't figure it out BUT their kids could. They mentioned the CD's holographs movies etc. so the public is hyped on the product. They haven't thought about buying the stock yet. When they do there will not be any shares available as we have most of it!! Carole

To: John Wilson who wrote (343)	8/29/1999 6:40:00 PM
From: art slott	Respond to of 495

If they sold last week it would not have been reported yet. Form 144 is for restricted stock not options.

To: John Wilson who wrote (343)	8/29/1999 6:44:00 PM
From: genejockey	Read Replies (1) \| Respond to of 495

Seems insiders are exercising their options and dumping their shares as the shares outstanding suddenly doubled. I agree then that they seem to be in a mad rush to cash out rather than take the shorting option outlined in their options registration papers. BTW, you do know that insider sellings take about 1 to 2 months after the fact to show up...right? So you nor I have no way of knowing exactly how many shares have been dumped recently until the figures come out in a month or two. Regardless, their shares outstanding more than doubled in the past month so it is not very hard to surmise what is going on and the magnitude of what is going on. Also 2 more tidbits... insiders may rather be dumping their stock as opposed to shorting it but Market Makers are more than free to short the stock and have been doing so since the 12 range. Lastly, I hear that GRIN is authorized to dump 50 million more shares onto the market... not too good if you are long- long term.