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Non-Tech : All American Food Group(AAFG) -- Ignore unavailable to you. Want to Upgrade?


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?