Genesis Media Group, Inc (GNNX) Message Board

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

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To: Tom R. Clarksburg who wrote (522)	4/29/1998 11:44:00 AM
From: Mr. Miller	Read Replies (1) of 3129

Definitely profit-taking here. However, being realistic here, even though I own a significant number of shares, I did not expect rises yet. A news release may cause a spike depending on what it is. The $120 million deal is outstanding, but we need to realize some of that to prove to people including ourselves that it is for real. The people who got in at 1/8 or thereabouts are probably getting out. There was a block of 50K traded in the morning. Am I right about that? There needs to be a switch from "weaker" hands to "stronger" hands for another run-always happens to stocks. Even at $2, this stock has come a long way in a short time(10 days). More news is good, but we won't fly until we start realizing some good revenues projected. That comes in July/August with the second quarter results. With the contracts signed and more coming, I fell pretty comfortable with my purchases at $2-$3 range. Jay says news coming? Great. Look forward to it. Beebelbrox, hope you get in there in the next few days. Miller

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