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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: LegalBeast who wrote (1678)5/29/1998 10:37:00 PM
From: Mr.D  Respond to of 10343
 
Someone is selling stocks they don't have. I think..



To: LegalBeast who wrote (1678)5/29/1998 11:10:00 PM
From: dwlima  Read Replies (1) | Respond to of 10343
 
i have a possible explanation. the float i believe is 3M shares and not 2M..but, anyway, if we have 60% of the float or roughly 2M shares...that does not mean that only 1M shares can be traded ONCE in a day. what i think we are seeing is some daytrading that is churning that small float that is left and that is why we are seeing a nice profit.

from what i have read, we are going higher....not based on a small float, but based on positive press releases

dwlima