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Microcap & Penny Stocks : GONT - GO ONLINE NETWORKS ( old symbol: JNNE )

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To: D Doss who wrote (937)3/13/2000 2:59:00 PM
From: JP Jouver  Read Replies (3) of 1063
 
Don,
No news that I know of. I've been watching on and off, and it looks like a mixture of games and fear. Stayed constant most of the day, then got dropped hard on small volume (<200k). Kept drifting down after that, but nothing convincing. I think we are seeing people take sides in preparation for the earnings announcement. I tend to think that many folks are expecting the stock to drop on the news, so they want to sell now and buy back in later. Others think that any sort of clarification in regards to GONT's financial situation will be positive---not because of good numbers, but because it will finally give us an idea of what is going on---and they believe the stock will go up.

Personally, I'm on the fence. Sold a smidge back at 1.25 to try out another stock. I'm still holding the rest. I think that by the next report we will be doing very well.

OT: Hey, Don, how 'bout that NVXE today? ;-)

Jape
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