Grifco Inc (GFCI)

[cyofish]

My pick of $0.24 was for the close of the day. I just used the fomula of doubling the share price plus adding $0.2 to it from the close of the day prior to the news. That was the pattern in the last 2 press releases. The price closed at double of the pre-PR level then it slowly trended down to a lower low. I added the extra $0.02 because this PR topped the last 2 so I thight it will have a bigger effect.

This AM a lot of amatuers got out the gate going into debt buying at the open (Sort of reminds you of the Friday morning after Thanksgiving rush at Kmart). It looks like the shorts (or maybe Grfico) dumped a whole lot of shares into the buying frenzy.