To: TGO who wrote (1137 ) 3/3/1999 3:45:00 PM From: JayLuv Respond to of 13776
GOCA This could be why This Mondays Pick - thismondayspick.com This Mondays Pick Updates: Many times we have been following and charting a stock for weeks or even months and just when we are about to release it, it jumps a day or two before. Take for example GOCA. We had plans to release GOCA at noon on Friday 02/05/99. The only problem was that it opened at 6.00 a share, up from .50 the day before. Boy, we would have looked great had we released it one day earlier but instead we missed the boat. We have been following GOCA as it has settled to its new base of just over 2.00 a share. Yesterday we received a call telling us that two of the market maker's (we even have their names!) who were selling GOCA at 6.00 at the open on 02/05/99 are between 250,000 and 400,000 shares short. (There are only 600,000 shares in the float and 300,000 are held in friendly hands) Our source has told us that one of the market makers ( TR Winston - NJ ) has contacted GOCA and made an offer to buy 250,000 shares of GOCA at 2.50 a share. The market maker was told by GOCA to take a hike and from what we understand GOCA is having the matter looked into. GOCA is going to see to it that these market makers are forced to buy back their shorts in the open market and those who they stuck at 6.00 a share might even end up making some money. We believe that GOCA could have some very promising potential based on their current financial windfall (millions) off their recent interactive World Wide Web site. We are sharing this information with you now because Friday could be to late. Therefore we are putting together a new web site at www.ThisWeeksPick.com and we will be updating and sending out picks to you as we receive them 24 hrs before we post them on our new web site. After speaking with our contact for GOCA he explained the float to us as follows: 20,000,000 shares Authorized 14,000,000 shares outstanding 4,000,000 shares in the float, of that 3,400,000 shares are restricted 600,000 shares are tradeable, of that 300,000 are in frendly hands Feel free to call them: (519) 651-2121goca.com