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


To: BP Turk who wrote (376)9/12/1999 10:57:00 AM
From: A@P Trader  Read Replies (1) | Respond to of 495
 
Oh my goodness, I guess you don't know how this game is played, well see .it goes like this , last year their stock goes nuts when they get caught up in some fad, this year they actively seek the newest fad, and since they will really never do much in the way of business, they know they have to cash out of stock ( since they forgot to sell last year )so they issue a bunch of press releases to pump the stock, about POKING MAN) and then they dump 80 to 95 % of their stock into the public's buying frenzy and then they sit back and do almost nothing in the way of sales and after Christmas the stock will be 4 dollars again and the fad will die. They all make more in one fall season then they have in the last 20 years combined.

Ill sell you as much GRIN as you want at 12 13 and then at 10 Ill give you more , Ill sell you all the grin you could ever want. Just let me know
Thnx.

By the Way KIDE, is a great Short absolutely awesome.



To: BP Turk who wrote (376)9/12/1999 4:31:00 PM
From: peter michaelson  Read Replies (2) | Respond to of 495
 
Unless I've mis-read those filings, many of the sales were at $7 and even below. Some were in the $20's as well, but it seems to me that GRIN holders had no idea that the stock would rise to the heights it did.

Take a quick look at the filings and you will see what I mean.

tenkwizard.com

peter



To: BP Turk who wrote (376)9/12/1999 4:40:00 PM
From: ACS_101  Respond to of 495
 
I've stopped posting here, but today I just can't resist -- your post is just too funny.

When an insider of a wildly successful, high cap company sells a minor fraction of their inside stake to buy a large, comfy home, that's understandable. Takes nearly a million bucks to live comfortably these days if your company is located in Silicon Valley.

But when directors and officers of a small, thinly capitalized company hold a clearance sale on their shares, it screams "ENDGAME".

If I were long GRIN right now, I'd feel like a passenger on an airplane, looking out the window to see the pilot and co-pilot drifting gently earthward, their parachutes billowing open in the wind, as I notice the nose of the plane beginning to tilt ever so slightly downward......