The Microcap Kitchen: Stocks 5¢ to $5 Message Board

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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: Brasileiro58 who wrote (34206)	5/3/2005 10:35:18 AM
From: rrufff	Read Replies (1) of 120415

GNBT - it's a typical bash/hype play. They are trying to get the price over a buck to keep the NAZ listing and hired an outfit that specializes in maximizing value and which claims a very high success rate. The MM's, perhaps naked shorts, perhaps hedge funds, know this and want to keep it under a buck. You already have 2.5 million shares today. You see this often. It's NOT a coincidence that it went up to 1.27 and then has settled down to a buck. I figure the company will milk this news today, which is the first news they have had in a long time, with respect to CURRENT POTENTIAL. By that I mean, they have what appears to be great potential in the cancer area but that would be years away, unless they are taken over, for a payoff. This particular news, re Oralyn for diabetes, should lead to a revenue stream and the potential numbers are huge even if it's just South America for now. So, I'm playing it 2 ways. Buy on dips for a short term gain probably no higher than about 1.35, given today's action. Longer term, I suspect we should see close to $2 or even more.

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