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Microcap & Penny Stocks : Greenland Corp. (GLCP)
GLCP 1.0000.0%Jan 29 9:30 AM EST

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To: Chris O'Keefe who wrote (1361)5/6/1998 2:54:00 PM
From: ajd/mba  Read Replies (1) of 2278
 
TO ALL: Go back and read the posting that this is linked to. It is well worth it!

Chris:

What a sage analysis for someone with so little experience! I hope that you didn't try and catch the "wave" when GLCP was at the top!

Will it be there again? I sure hope so. I tried to add more at $0.17. I'll hold what I have.

The lesson you are learning is that this is a BB stock. Rumors are rampant. Unless it is published for EVERYONE to see, take everything with a really large grain of salt. Consider the source and ask who stands to gain or lose.

Trust me I REALLY AM A LAWYER - much of what is passed on as the gospel truth would be classified as "insider knowledge" depending on where it originated. NO REPUTABLE COMPANY wants to risk the downside that that might entail.

My best advice:

Know if you are a trade or an investor and set LIMITS for the upside and the downside and stick to them!

If you want to be a trader, get Level II so you know what is REALLY going on with the stock prices.

FWIW - I sold 1/2 my GLCP and that covers what I still have. That is my cardinal rule.

I also like the concept behind the company and really am hoping that it ends up getting listed. Getting over that hurdle can not be underestimated.

Good luck!
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