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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: Roger who wrote (553)4/29/1998 3:04:00 PM
From: Mr. Miller  Read Replies (1) of 3129
 
You know Roger, I am into this stock for now, but I do not think it owes us anything. Nor do I think I should expect more from this company. I will set my expectations low here. Let us just get on Nasdaq and realize these monster deals we have signed.

When I spoke to Dan the other day, he made one interesting comment that all of us who trade stocks should remember(at least the concept). He said that a friend of his indicated that this was a $30 stock right now, but Dan responded to him,"But it is at $2.50." Concept: What we think a stock is worth is irrelevant. What the market thinks is all that matters.

GNNX is new. On the BB. No history to review. Nobody knows the management. They sign incredible deals--> out-of-character for a small company. Even those of us in now are skeptical, but giving GNNX benefit of the doubt. Why? Because we are greedy for a run from $2 to $20 that we think we cannot get anywhere else. The traditional trap of the small cap arena. I am hoping to at least make a profit(anything over $3) so I can get out if the story does not unfold like it is being hoped for.

Keep things in perspective. We are in a very risky situation here, but with great potential.

Yeah, I know, party-pooper, right? I am just trying to help this thread from getting its head caught too high in the clouds. Let's not become a DGIV thread.

Miller
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