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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: Roger who wrote (592)4/30/1998 6:04:00 PM
From: Mark[ox5]  Read Replies (2) of 3129
 
This thread is in shambles already.

People wake up.. the company earned .31 on ave 10.9M shares last year.

Now the share count is doubled so you have to HALVE the EPS from last year.. so lets give it .155 EPS.

With NO NEW BUSINESS, NO NEW CONTRACTS, NO ANYTHING..if they JUST CONTINUE BUSINESS FROM LAST YEAR WITH NO INTERNAL GROWTH..

1998:
.155 EPS x 20 PE = $3.10

Sheesh, amazing how people get all rabid about a stock just because it doesnt go up every day.

Charger, I think you have the right idea about just shutting up sometimes and refraining from posting on the board. I am with Roger though.. its hard to see a stock get shot down for no reason, especially by people NOT IN the stock. Lots of people read a thread before investing and when they see this BALONEY it turns them off.

Yes, not everything is defined with this stock, but for $2.50, they are undervalued from LAST years point of view with a conservative PE. There is still DD and questions to be asked, but give us a little credit here.

If you are not in the stock, why are you painting it negatively with a wide paintbrush? To save us? Thanks but no thanks.. take your marbles and go home. Why do people do that on every thread? Come and try to "save" the investors in it already??

Spend your energy on finding a stock YOU LIKE. There are 14,000 stocks out there... go spend energy finding one you like, instead of ripping on this obvious "SCAM!!!"

Ridiculous.
Mark
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