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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: ajs who wrote (494)5/1/1998 5:14:00 PM
From: hoffy   of 2278
 
Here's my take on the last 10 minutes of trading. The MM's know it is going higher next week and they want shares cheaper. They drop the price to .245 and some of the little guys panic and get out as the MM's eat up their shares. then some big buys come in that knocks the price back up.
I think the next week or so will cause an explosion in the price. When the FCC approval is obtained and the news of contracts are announced this will not be a penny stock any more. And a lot of people wil be comparing this to DGIVand wondering why they sold.

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