To: WEBNATURAL who wrote (97 ) 6/19/1998 12:47:00 AM From: JCinTC Read Replies (1) | Respond to of 618
Here's how i see what has been happening. DATE CLOSE HIGH LOW VOLUME 6/18___.25_____.313____.219_____296,000 6/17___.281____.281____.219______57,100 6/16___.219____.25_____.188_____240,300 6/15___.188____.313____.188_____334,000 6/12___.188____.281____.156_____267,800 6/11___.25_____.406____.25______361,600 6/10___.281____.50_____.281_____298,300 6/9____.469____.594____.405_____216,600 6/8____.563____.75_____.563_____148,700 6/7____.719____.75_____.625______63,300 6/6____.688____.688____.563______73,800 6/5____.594____.625____.594______22,000 6/4____.594____.656____.594______52,900 ______ TOTAL APPRX. 2,432,100 Avg. traded 52,000 Avg. traded last 13 days 187,084 Outstanding 3 mil Float 1.5 with 809,286 held tight This stock was mentioned on a very highly read & bookmarked thread on 6/8 & cut down because of the YAHOO profile(which isn't accurate) & a reg-s on 4/27. This reg-s is for an employee stock plan for 350,000 shares, not a floorless convertible that you usually see. Later i noticed on every uptick a sell would try to pound it down, this has occurred for 8 of the last 9 days. IMHO shorters have come back into this stock taking it from .68(6/8) to a low of .156(6/12). Check the price history, GOTO:tradepbs.com This site will give you price history going back 1yr+. For AAFG i would only be concerned about the trading history after the 1 for 10 reverse that occurred on 2/28/98. The volume the last 9 days should be moving this up big or crashing it if someone was shorting it big. I spoke to the ceo last week they have no clue who is selling, it's not them. The Benny's Bagel has a positive cash flow & should help them show a profit next qtr(9/98), they will acquire them around 7/8/98. The float & outstanding #'s also came from ceo. These are my opinions only, take a look & see what you think. JC PS.One more thought; On 4/21 70,000 shares moved it .53 to .84 On 4/22 142,000 moved it .75 to 1.56 So from 4/21 to 5/4 people could have sold this stock for over $1 & yet from the last 9 days someone wants everybody to think they would rather sell @ .20 instead??? What do you think ladies & gentleman?