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 : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (1006)	2/8/1998 2:46:00 AM
From: Bisset	Respond to of 1574

2 million shares? Oh Really... on a 5 million share day? Let's assume that only half of us sold all our shares... 5 different times in the same day. C'mon... perception is reality and all, but don't you think that's just a little hard to swallow? Having said that, I believe the interpretation of "float" may be the primary cause of this discrepency. I general terms, the float is the amount of shares that management/investor relations estimates could be traded on any given day. This amount is the number of free-trading extant, less the number of large-block holders such as insiders or institutions. Many of these blocks will have gotten in at the lower levels... say 10 cents or so. While we would all like to say that we're in for the long-term, a six times ROI is a hell of an incentive to sell. In short, the quicker and higher the gain... the larger the float becomes. I believe at one time there probably only was 2MM, but that was below 25 cents. We could look at the other possibility: We all held on, didn't take a little profit, and the stock has been shorted by the marketmakers (another urban fairy tale) - which of course would account for some of the idiotic negative stuff we've been reading. Don't get me wrong... one of my pet peeves are cheerleaders on the internet (and we pretty much know who they are), but if anyone has a comment about a company - good or bad - let them at least back it up with verifiable facts. Opinions notwithstanding. This is a very real company, and it will probably do better than even management hopes, having given the opportunity to investors to now participate in the two things that most of us have in common: An everlasting love/hate relationship with Golf and the Stockmarket. Back to sleep... JS PS - and the reason I didn't speak up before is that I actually don't read this thread very much. Call it my attempt at having a life.