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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: KEITH MCGEE who wrote ()5/1/1998 8:35:00 PM
From: jimmy lim  Read Replies (2) of 2278
 
I love this action as well. GO GLCP

However, a word of caution not about GLCP but about the stock market in general.

WHen speculative stocks start going wild and people are willing to pour money into anything looking for ten baggers, the bull market is at an end.

Just look at HK half a year ago. Same situation. Penny stocks go wild, many ten baggers, people were buying by the stock numbers (they use numbers rather than symbols) not even knowing what the company does or what it's even called!

Many made tons, but it all ended in tears.

SO............Make the money while it's hot, and don't get caught. I think the Dow is in for major bear market in about 3 - 6 months time and penny stocks always take big beatings in this sort of market.

IMHO
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