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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: CO who wrote (194)4/30/1998 10:47:00 AM
From: Ken Sammut  Read Replies (1) of 8879
 
I have been in and out of penny stocks for about 20 years. If we can keep this steady climb to 20 cents a penny or two at a time, we should see the stock then take several cents a share jumps.

Something about reaching 20 cents that can make a stock really move assuming there is substance (unfortunately sometimes when there is no substance) to the stock.

From reading Brad and Cheryl's posts it seems that there may be about 30M shares of active float. In the past 5 trading days, we have done at least 40% of that. Good sign as it shakes out the people who bought at a lower price (4 to 7 cents range) and builds a higher base.

If volume stays up, we hit the 20 cents level, and indeed there is some more good news next week, the stock will have more credibility and we can really see something exciting happen in the stock's price movement (IMHO).

Ken S.
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