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Microcap & Penny Stocks : Fast and Easy Money in Penny Stocks
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To: Tracy Moore who wrote (1080)5/14/1999 8:00:00 AM
From: Mudlogger   of 3517
 
GLMC - The licensee program has built in news driven qualities, should Global announce any of their more prominent licensees, and many $500 million plus companies have applied. While the Cannes launch was mostly played out by the Real Networks Deal, Global's PR work is so superior to most companies, that you never know what might come next. For one, confirmation of a Nasdaq application could be just around the corner, regardless of when the actual listing occurs. My recommendation is to acquire a comfortable position on low volume, and hold for partial sells on high volume runups, which with an aggressive internet company can come out of the blue with anything from mergers to significant contracts. Selling on low volume can stall some upward movement, and while the seller thinks he's done well if he manages to push the price down, in fact he could be looking at a higher price if he'd just held. He'll then be sorry on the next runup.
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