Global Intellicom--Symbol GBIT Message Board

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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: Dave Gore who wrote (652)	8/3/1998 10:33:00 PM
From: Jamessmith	Read Replies (3) of 1096

The problem is that GBIT has been labelled a P&D stock. That means the company pays some people to pump the stock price, so insiders can sell their shares. Though I don't know if the company has done so, the word has got out. Many investors may want to wait. There will be a consolidation stage, but just don't know at what level. If investors can get in at the range of $0.50-0.60, why do they want to hold or buy now? James

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