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


To: Ron who wrote (50)11/22/1998 8:52:00 PM
From: Jane4IceCream  Respond to of 495
 
Thanks, Ron...

After doing further research this weekend, half of me wants to jump back in, the other half says no.

I guess whatever happens....happens.

Have a nice weekend.

Mrs. Cleaver



To: Ron who wrote (50)11/24/1998 3:36:00 AM
From: Frank McVerry  Read Replies (1) | Respond to of 495
 
GRIN and the small float
Ron,
Here's a question. I'm curious about the effect
of the 300k float as investors begin to hold GRIN
for weeks/months/years. Cutting a long story short,
let's say the 300k are sold into 'steady hands' then
all those are shorted and sold again into other
'steady hands'...no more liquidity. While this would
be frustrating for new buyers of the stock, it looks
like a total nightmare for short covering with no
stock available. Could NASD force the company to
make some of the company-held stock available to
make a market or... what ?

Frank