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Non-Tech : Gargoyles (GOYL)
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To: Due Diligence who wrote (81)11/6/1999 4:39:00 PM
From: Loren S.   of 103
 
My guess buy volume at end of day on Friday was due to Phantom's post on GOYL board and perhaps on his own board. The guy has a pretty good following. The encouraging thing though is that there are very few sellers and very minimal buy volume is creating a good price move. If, or should I say when GOYL receives some significant attention in the penny stock world and a lot of new investors buy in, I expect it to explode. Imagine, for example, if a group recommmended it. The downside of this of course is that the day traders would pile in, the stock would fly, then the stock would crash just as fast, eventually at levels probably higher than they are today. In some ways it's better to see the stock pickers out of a quality stock like this.
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