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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

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To: wallstreeter who wrote (680)5/5/1998 3:12:00 PM
From: DavidCG  Read Replies (1) of 3129
 
LOL...

Wallstreeter... just read the post above your post... it tells the OS.

Well, only an hour left to trade, and anything can happen.

But note how long it stayed in the 1.25 - 1.43 area... not long.

What amazes me is that the MM's kept it down as long as they did... just to bring it back up to a high of 1.875
(thus far since the "correction" in price)

Who do they think they are fooling?

It comes down to this.

I could care less what the figures in the financials are for the past quarter.

It is irrelevant because the $200 mil in contracts were signed after it. (Although it would be interesting to see what they pulled in in revs before telecom contracts.)

However, by reporting its audited financials to the SEC, they are basically telling us "Hey, we are a LEGIT company and here is further proof that we want off the OTC:BB and onto the Nasdaq"...

I believe it is this, along with the fact that they are going to release the info within the contracts to SHOW US these are real deals and that we can verify it as such without having to fly into Culver City.

Once everyone agrees that they are real and in addition are reporting to the SEC now....and there is nothing to make you nervous as an investor, what is to hold this stock back?

Nothing.

Good Trading!

-DavidCG

(Just try to get me to sell my shares in 10 days)
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