SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: R. M. Rosenthal who wrote (122)4/18/1998 7:35:00 PM
From: Charger  Read Replies (1) of 3129
 
R.M. - I cannot say that I "know" that the news services, P.R. News and Dow Jones, requested a copy of the contract, but my knowledge of business matters and my past dealings with the reporting media tells me that that statement which I heard from GNNX (from two different individuals, one being the IR and one being the Investment Banking institution) is more than likely correct. But please, do call the news services yourself and satisfy this question for yourself and report back to us. TIA

No, I have no idea what percent profit is expected. I took a "normal" business profit of 20% when I was putting my own figures together and then divided the astounding valuation by 2, just to be safe.

As to the two million being traded today, it says to me that 1) there is a lot of interest, and 2) there was a lot of profit taking AND re-buying. What does it say to you?

Charger
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext