SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Greenland Corp. (GLCP)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Thayres who wrote (505)5/1/1998 5:50:00 PM
From: hoffy   of 2278
 
Most penny stocks have selloffs like PLFM had today at some point after a big run like PLFM has had. The loser stocks retreat and go back to where they started but the ones with real prospects and real products just take it in stride and rise again another day. Look at DGIV. It had days when it lost 20-30% after a huge run up. But then it would quickly erase that loss in a day or so because that is a real stock. I don't know about PLFM but I know GLCP is for real with a real valuable product that will be easily sold to many companies who are dying for it.
I think GLCP will act very much like DGIV. Big runs and some smaller pullbacks as some people get nervous.
But the big run hasn't happened yet and it should start next week. The amazing volume this week was just a start of what is to come. This will probably pop very early next week as there will be more sellers and a tonof new buying coming in. DOn't be shocked to see it rise 100-200% in any one day from here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext