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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: Michael Graham who wrote (729)8/21/1998 4:35:00 PM
From: Dave Gore  Read Replies (1) of 1096
 
In a fair market only more selling than buying should bring a stock down.

With Gbit, it is possible that the MM's are temporarily siding with the shorters and bringing the bid down on lower volume or going a bit short themselves.

They will cease this, imo, as we get closer to earnings and other good news. Any day, a huge brokerage house or fund could see the opportunity and value here, and take a large position.

We'll see
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