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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential !

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To: francis terry who wrote (8436)1/16/1999 3:43:00 PM
From: ED S.  Read Replies (3) of 8879
 
IMO, Look for GLOW to be a fully reporting company by the end of the month!
I have been in GLOW for a year and a half and have followed it closely.
Previously GLOW had its Audit completed and was waiting for the right time to be fully reporting. The quarters after that are now probably ready. It was to early to go fully reporting then.
The Island Gaming was incomplete and the stock price did not reflect ALL the news that has been released lately.
GLOW is NOW the first company to have horse wagering online. Island Gaming could become the OTB of the Internet, with GLOW getting increasing revenues month after month. Horse racing is a multi-billion dollar industry.
Day Traders and Market Makers are in the stock now, we will see volatility for a while.
If you were a Day Trader, short player, or Market Maker and you had a stock that was at this level and you new it was going to $5.00 what would do?
You would shake out shares at every opportunity!
GLOW is just starting to explode, most of the news is not out yet.
IF YOU ARE LONG for the long term HAVE YOUR SHARES REGISTERED IN YOUR NAME. This reduces supply for the short sellers. Have your shares kept at your firm or delivered to you. The shares you wish to trade can be left in street name.
If GLOW goes fully reporting it is a good indication that their goal is to be listed on NASDAQ which every BB company wants.
To be listed on NASDAQ GLOW's stock must trade at $4.00 or more for 30 days.
Does GLOW have enough news coming to support a price of $4.00?
IMO I believe it does.
It would be foolish to step out before ALL the news is out!
Stay LONG and hold until ALL the news is out.
LONG AND HOLDING.
Good Luck To ALL!
BEST,
ED
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