Greenland Corp. (GLCP) Message Board

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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: RCJIII who wrote (561)	5/2/1998 5:58:00 PM
From: Chris O'Keefe	of 2278

RCJIII, in post #561 you wrote: BAAT's price ran from .06 to $3.25 in a few days. In post #279, you wrote: If you don't believe a stock can go from pennies to dollars in a week or two look at these recent examples: BAAT from .06 to $3.25 in 2 weeks WAST from .25 to $3.25 in 2 weeks DGIV from .25 to $7.5 in 2 weeks While I agree with you in principle about the possibility for a stock to make a gigantic leap in a relatively short period time, here's my take on those three stocks: BAAT from .08 to $3.25 in 4.8 weeks (Jan. 2 - Feb. 5) WAST from .375 to $3.28 in 3.1 weeks (Feb. 3 - Feb. 25) DGIV from about .50 to $7.25 in 5.7 weeks (Mar. 13 - Apr. 22) [Note: The tool I was using to research stock history, tradepbs.com, is great! For some reason history for DGIV only goes back to April, 1998, thus the wording "about .50" is my way of saying I was looking at a graph that didn't have the same precision as the "Historical Pricing" web page.] My hope is that the second set of numbers will bring us all down to earth just a tad. We may have to look at a wait until June before we hit some of the big $ numbers that folks are talking about for two-weeks from now. If GLCP goes to $2/share in two weeks, we'd be looking at a 40-bagger (0.05/sh x 40 = $2/sh) occurring within a 20-day time frame!!! That would be a better performance than any of the quantum leapers mentioned above. I'm not sure if any of this is too relevant since if the stock goes above $1 (which I think is a no brainer given good news next week) a lot of us we'll be looking at 5-baggers and the "problem" of the day will be, "Do I take the 5, or hold for more?" Food for thought... Chris

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