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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC -- Ignore unavailable to you. Want to Upgrade?


To: JEM who wrote (86)1/13/1999 5:20:00 PM
From: Manfred  Read Replies (1) | Respond to of 476
 
GBFE will blow even is this market. Why?

DISNEY likely to buy them out (bloomberg news)
Very thin float: 2,8 mil
Huge short interest: 3,8 mil
Huge volume today: 5,1 mil
52 week high: 11 7/8

This one will get attention. People like Disney plays.

My target is 5+

Good luck

Manfred



To: JEM who wrote (86)1/13/1999 5:55:00 PM
From: BARRY ALLEN  Read Replies (1) | Respond to of 476
 
Can't believe that the float is only 2.8 million and the short interest is 3.8 million!
biz.yahoo.com

Remember, GBFE was hanging around $11 during the first 4 months of 1998 and remained as high as $4.00 going into the August bear market crash. Maybe we got a sleeper here and with the help of Disney and the momentum traders, we might see those lofty levels again soon! When something is hot, fundamentals are out the door!
chart.yahoo.com



To: JEM who wrote (86)1/13/1999 9:21:00 PM
From: ilh1  Read Replies (1) | Respond to of 476
 
There are more shares short (3.86M) than are currently in the float(2.80M).

How is that possible?

Are there "Naked" shares floating around on this one....