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Microcap & Penny Stocks : Active OTC stocks

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To: heather who wrote (525)5/1/1998 12:33:00 AM
From: hoffy  Read Replies (1) of 1058
 
GLCP is going to rock tomorrow and all next week.
Here's the lates recommendation: Go to pennystock.net

Great write up .

Some highlights:
Greenland Corp (OTC BB:GLCP)

Shares Outstanding: 37MM
Float: 10MM

Latest Price:$0.17

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Within the next couple weeks, GLCP should get FCC approval of their new system which should have contracts worth over $300MM!

PSI feels that GLCP will explode once this news comes out. We have a target price of $2 in two weeks, and feel that this company could be supported over $10 in the near-future.
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With only 10 million in the float and the recent tradings this should move quick. Don't be surprised to see it open near .40. But by next week or so this could be at 2 or more so .40 is actually a great price to get in on. Usually at 10 am or so there is a slight pull back after the big morning gap. you might want to wait for that to get in. However a lot of people know that now about this stock and are waiting for it too so it might not happen. As soon as it starts to drop there might be people buying into it to keep the price soaring.
I am looking for a close above .50 tomorrow and over 1 by mid next week.
Even long term I love this stock. Why? I am a utility engineer and I know how badly people are looking for a good system to quicken the meter reading process. Well here it is and their technology is very good. This will be a huge money maker for them. I hear they have other uses for their product too so it could be an amazing rise from a penny stock to a respectable company with huge revenues and earnings
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