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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: Bill on the Hill who wrote (3753)1/21/1999 1:05:00 PM
From: Dave Gore  Read Replies (3) of 15987
 
We all got greedy on GSIC. I thought it might break 50 cents yesterday morning....really did. I finally told the IR guy that the lesson he should have learned out of all this is to not pre-release that there will be news until he can deliver. Maybe they still will this week (and that's fine), but they have missed a chance to capitalize on Monday and Tuesday big volume and interest....too bad. I still like this long term but sure wished they could learn how to set shareholder expectations better. I learned that years ago in customer support.

Under-promise and Over-deliver that's the rule.

Luckily I sold half on a double, according to my rule. Will ride the rest long term
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