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Grand Toys International Ltd. Message Board

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  • JohnnyCanuk JohnnyCanuk Jan 14, 2002 6:46 PM Flag

    Anyone

    I don't think it takes a rocket scientist to see that I am very supportive of the company and I fully expect it to do well ...

    I also don't think it takes a rocket scientist to see that this is NOT a $4+ stock under any stretch of the imagination ... they have NOT shown an annual profit since 1997 and I doubt if this past year will be any different, that is, another annual loss ... they are a tiny little unknown company with a razor thin market float, no profits for the past 4 years and struggling to turn things around and that does not make for a strong stock ...

    I post here because i have been posting here for the past 4 years, I know the history of the company and I have been successful, most of the time, in trading this stock during that time ... just because I do not have a position at this specific point in time has no bearing whatsoever on my continuing interest in this stock ... it merely reflects my belief that between "events", the price drops and that is NOT when I want to hold a position in GRIN, let alone ANY falling stock ...

    GRIN will rise again, but not yet ... unless there is some groundbreaking news from GRIN on some unrelated matter over the next two months, this stock will drift, and most likely will drift lower ...

    This is NOT heresy, audie, just an observation gained by watching history ...

    jc