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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation

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To: Alebov who wrote (1535)12/24/1998 9:55:00 AM
From: hammer  Read Replies (1) of 2585
 
Chris (as with the rest of the team) are youthful spirited entrepreneuers. Chris communicated to me very clearly his understanding of the market place and investors. With youth comes a bundle of energy, uncompromising devotion, cutting edge ideas, and the balls to try new ideas in a new world - it also come with a little wisdom and experience which will need to be learned along the way.

They made it clear, in no uncertain terms, was the need at this point in GGNC's life cycle to go hire the next level of mgt. - CFO, new board of directors, etc. etc. I think we are all (including GGNC) a bit surprised by how quickly this stock had captured the attention of a small group of investors. (Small in the grand scheme of things but large enough to drive the price up) There original plan was to hit $1.00 by years end. They quickly (overnight) found themselves in a position with a stock at much higher level so they sold stock to acquire capital. It's almost as though their business plan is being carried out faster than they anticipated. New money, new ability to make deals, an accelerated ad campaign, go go go go go go .... meanwhile shareholders are looking for instant maturity (just add water kinda company) and so we all wait.

I believe it will happen, day traders will sell and try to by back tomarrow or next weeks, but all eyes are watching and no one wants to miss the coronation ceremony of the NEXT GGNC!

Just my thoughts. Hope it helps.

P.S. - Spelling errors are clearly a boo boo - I'm a bad speller to but at least I can spell check. Chris does read the thread and I'll bet it won't happen again.
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