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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

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To: Charger who wrote (452)4/26/1998 10:24:00 PM
From: Mark[ox5]  Read Replies (2) of 3129
 
I see I picked something up where somebody (Boob?) thought we would see $3 on this stock in 6 months!

Well a lot of it is being in the right place at the right time with the right people. I know (as an example) stocks that have earnings of .32 EPS and growing 30% a year which have stagnant stock price at around $4. There are so many stocks out there, and just a limited amount of BB investors so the allocation of money is important.

I believe he had a $4 year end price target too, but that was before $180M in contracts in the last 2 weeks hehehe. Then again he bought at .30 so he is already up 1000% =)

Mark
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