To: Jim Spitz who wrote (32998 ) 2/16/1999 5:45:00 PM From: TOPCAT1 Read Replies (1) | Respond to
ALFN... Spectacular close - gap tomorrow... $0.62 on 1,236,800 shares... I was turned on to this stock through the chat on the net... what intrigued me with this company is its unbelievable share structure (2.5 million shares, 2 million on the float and the company is buying back 200,000 shares of which people have said they have purchased 80,000 shares)... looking at the Press Releases, calling the company and trading chart, this one is in a major breakout pattern... in early February it had a little flurry on about a little over 4 million shares followed by a couple of million over the next few days (someone brought it too my attention then but the price pulled back and it lost my attention)... there were rumours then of financing but the company says not true, this may have been a shakeout to pull loose stock off the board... then today the price pulled off the bottom on low volume, some strong MMs action but near the end of the day, it moved $0.15 to close at $0.62 on very low volume... my sense is that this stock is so thin that if the demand to purchase is there, the price will literally rocket... I simply can not come to any other conclusion... so it comes down to timing of the release of their web site and the potential within... it sounds like they have a great site planned, interactive, games, prizes, etc... and of course, selective toys that you can only get there, remember to be successful as an internet company you need at least one of the three things, 1) be first, 2) be unique and 3) high quality... it sure sounds like this toy site ALOTTAFUN.com will be a bit of everything...
