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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE )
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To: Mary Baker who wrote (901)3/7/2000 1:56:00 PM
From: Little Engine  Read Replies (2) of 1063
 
Hmmm... not sure I've heard of the Nobel Prize for "detective work"... something new every day.

It doesn't take a lot of "detective work", as you like to call it, to see that GONT does not have much going for it. It's losing tons of money on little business. It's been in business for ten years without ever being serious about making money. There's little evidence of any planning at the top - just latch on to the latest "big thing" and claim you are getting into that market. Figure out the details later.

But the hype from "analysts" always sounds good, doesn't it? Reminds me of UPCA: Message 11030802

Skeletons in the closet? GONT has plenty. But a serious question - why does GONT spend more time hyping the stock than building a business? They've been reduced to re-releasing PR's from six months ago. Why? Isn't anything going on now?

Yes, the stock has bought (rented?) itself a nice run lately. Not as good as some BB bubbles, like DGIV, but nice. Daytraders are obviously busy flipping the stock back and forth to each other. Next week they move onto the next circus.

My guess from the relatively stagnant price today is that reality is about to sink in. The financials will be "spun" like crazy - I would expect a short bump then.
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