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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: Mike K who wrote (1724)7/14/1998 12:25:00 AM
From: LT  Read Replies (1) of 3129
 
Well it appears it headed lower Mike. The volume was not remarkable, doesn't seem to indicate a large sell out. Y2k alone was responsible for a fairly good chunk of it from what he said. His sentiment on penny sticks is shared by many, but I am not convinced that it's all doom and gloom.

It is thought by many to be a fairly sound company, as penny stocks go, you may see some rebound buying then a move on any positive news. If they can scrape up any good news I am sure GNNX will :))

Everyone will have to make up their own mind what they want to do based your individual entry points. But I am thinking all the wind isn't our of her sails yet :)))

LT
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