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.

Non-Tech : GRIN (Grand Toys International Inc) -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (44)	11/19/1998 1:14:00 AM
From: Frank McVerry	Read Replies (1) \| Respond to of 495

INSIDER SELLING I have investigated the insider selling on GRIN, which was giving concern to the poster in message#2 and also was viewed negatively on the YAHOO thread when it was first reported by the SEC. Although I consider insider selling a 'neutral' event, I thought it appropriate to dig a little deeper....the findings are VERY interesting. The only insider trading which has occurred at the company was when Larry Bernstein, the new CEO, came on-board and was SOLD stock by other members of management. They did this to avoid simply issuing new shares and so avoid the dilution of the stock. So it appears that what was being perceived negatively by clearly savvy investors in fact turns out to be more of a positive event by doing a little detective work. Tomorrow, I will have an interesting comment on the options and warrants held by the company. Did anyone see the quarterly report issued today, following on from last week's earnings report ? Any comments ? Although you can tell I am a fundamental, buy-and-hold, value type-of investor, it might be interesting to hear the odd TA comment. As message#42 indicates, this forum is rapidly becoming a monologue. Any longs who just want to come-by and cheer-on GRIN ? Frank

To: Jane4IceCream who wrote (44)	11/21/1998 3:28:00 PM
From: Ron	Read Replies (1) \| Respond to of 495

Bought GRIN on weakness..expect to see 15 to 30% return between now and DEC 18th. Usually a daytrade..but this one has too much potential not to hang onto for awhile. I also hold NSCP...but can see this one returning more bang for the buck over the next month <GGG FRANK BREATHE!!!! Good luck to all.