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Microcap & Penny Stocks : ALFN - Toy Store On The Internet -- Ignore unavailable to you. Want to Upgrade?


To: M. Dion who wrote (60)2/8/1999 11:01:00 AM
From: charles moore  Read Replies (1) | Respond to of 2136
 
For about $750.00 counting commissions one can pick up 1500 shares and 1000 people picking up 1500 shares would exhaust the Float if it is 1,500,000 shares.Don't know about the Financing angle although it is possible but if it is possible to short shares I think that is a possibility.

I believe that ALFN opened up at .53.Who would be selling for a few cents profit unless they had a huge amount of shares?Not the Average guy.

Charles



To: M. Dion who wrote (60)2/8/1999 12:09:00 PM
From: Andrew H  Read Replies (1) | Respond to of 2136
 
Someone is lying about the float and probably the share OS as well. Too much volume for the numbers to be correct.