Generation Entertainment (GNEN, GNEND) Message Board

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Microcap & Penny Stocks : Generation Entertainment (GNEN, GNEND)

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To: LANCE B who wrote (430)	1/10/1999 11:16:00 AM
From: monsoon	of 1431

Lance b, get over yourself.... Hey, I tip my hat to anyone who makes a living as a daytrader. If I thought I could make a living daytrading, I would. But to suggest that daytraders move the market is just absolutely ABSURD. Institutional investors (mutuals, pension funds, investment banks, etc) control well over 50% of US market capitalization. Daytraders will cause wild intra-day price fluctuation of a certain stock (P&D, news release, CNBC trading, whatever), but in the long run, the stock's price will reflect its fundamentals.

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