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Technology Stocks : Groen Brothers Aviation (GNBA)

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To: The Prophet who wrote (65)7/29/1999 5:05:00 PM
From: Micropicker  Read Replies (1) of 83
 
Oshkosh, B'Gosh.

I think the bump from Oshkosh had better come soon. Especially as aviation analysts and others return and do their research into GNBA. Certainly there was no POP during Oshkosh, but I'm sure the earlier run was in anticipation of Oshkosh. The problem now is just who bought? Institutions and long-term believers could keep us above $2. But if we had enough day traders mixed in, they will likely sell as the price starts to fade slightly. I think we can expect a slight dip in the next few weeks, then reaction to any news.

This one could easily make a run without warning. The final FAA certification will not be a one day event. The FAA will come a inspect and watch and poke around. People near the process will be able to tell, and they'll buy up GNBA big time if things go well. Even the FAA will take its time processing the paperwork. Word will leak out for sure, and others will buy. It all falls into the gray area of semi-insider trading, but there is no doubt that it is done. Even the run we had was probably due to a leak that the bird would be ready to fly at Oshkosh.

I think there will be buying opportunities well into next year, but I sure want to have all the GNBA I plan to own at least 3-6 months BEFORE Groen hints that certification will be complete. Groen seems to be getting the distributors and orders lined up now, so the final POP could really be something as we turn from a development company playing with toys, into a serious aviation company with a huge order backlog. I can't wait!
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