Genesis Media Group, Inc (GNNX) Message Board

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

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To: SuperCharged who wrote (1530)	6/21/1998 2:28:00 AM
From: Russel W. Kennel	Read Replies (3) of 3129

Hey don't feel bad. I started buying GNNX (Then it was HSTV) at $2, and rode the sucker clear down to 15 cents, before it recovered and made it back to $4 and now $1.25. So, for me GNNX was the ultimate loser of the year, even when the information was $40 mil value and 6.8 Mil shares out. My whole point being, that don't be surprised if the stock goes to practically nothing, completely defying all common sense. Then when it does, you have to decide if the company is a survivor or not, and then either increase or hold your position. Right now the Accumulation index appears to be in a downward mode, and may explain or is symtomatic of the current slide. This company will ultimately have to show some "real" revenues cash flow & earnings, and until that happens it could very well find its bottom in the $.50 range. The market is not believing very strongly in the prospects indicated in the recent "to-good-to-be-true" announcements yet. Be careful, exercise caution. "Been there-done that"

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