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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT

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To: The Street who wrote (781)9/15/1998 12:35:00 AM
From: Dave Gore  Read Replies (1) of 1096
 
Same group that is moving IGHS is moving this. This is not the big move. Be patient on this. The reason GBIT is not over $3.00 is because their earnings are mostly tax credits (so far) but positive even without the credits (a rare sight for a stock this cheap), plus people were overly worried about the convertibles. But this is still potentially a superb turnaround. They are doing a great job of building earnings momentum and locking up the convertibles.. It's like TGSK was, but may not move much more for 10-45 days, then watch out!

PS- these same people moved TGSK, now JAWS, from $1.00 to $3.00 with a little help from the rest of us. They were also behind the plan to break the shorts on TGSK. They are people with infinite patience and very good wisdom....not hypesters, just savvy investors, imo. And some of them don't even use computers, a plus in my opinion, so are not influenced by hyper-sensitive SI or Yahoo types, just old fashioned investing techniques and patience.

We are such an instant gratification society. Solid DD, faith, and patience are rare virtues these days. I admire them..

Good luck
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