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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: Wooly who wrote (667)5/3/1998 2:35:00 PM
From: Boob  Read Replies (2) of 2278
 
<If you owned 500K shares at .0025 for years (example) and all of a sudden it's at .25, you'd sell in a heartbeat, pending news or not! >

Bad example. This stock has NEVER been near that low. It's ALL-TIME LOW was .04 which it hit on Tuesday. So whoever bought between .04 and .05 has a 5 or 6 bagger so far, not a 100 bagger like your example implies.

The way I see it from looking at the trading, the sells are being bought right back up. It's almost as if some real money is accumulating it on the way up <g>

Boob
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