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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Matthew Cooper who wrote (7218)4/15/1998 4:29:00 PM
From: Kimberly Lee  Respond to of 34592
 
Definitely, IFLY was Joe's pick, and Briefing simply "borrow" his analysis verbatim. I've said that before.

The float of ICGN is about 15M, much larger than IFLY, and would be harder to move higher, so the comparison I made earlier between the two really wasn't all that valid. Moreover, Wien and Janney Montgomery, the two leading mms, were not really supporting it much in the later part of the day while Dominick & Dominick seemed to have countless shares to sell or to short, something I find disconcerting.

I was in at 2 7/8 this morning, bought more at 3 1/4 and 3/8 when Briefing mentioned it in IN PLAY, but already sold most of mine because of observations stated above. holding a little to see what the market will bring tomorrow.

Matthew, really like your observations, and your timing of shorting LEAP yesterday couldn't be more perfect. Keep up the good work.

Kimberly