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

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To: Jing Qian who wrote (1839)1/23/1999 4:34:00 PM
From: Baz Luhrman  Read Replies (2) of 2585
 
Believe what you want. That's what makes this an exciting game. We can all make decisions and back it with hard cash. This stock may go to 60.00 and I'll be sick. But all we can do is evaluate, make decisions, stand by them and move on. My evaluations told me to remove my money from GGNC. Yours might tell you to buy more.

The information that I have tells me that there not coming out with audited financials anytime soon. I never said that I think James Chu is going to walk away from this company. He has a business that is gaining new customers everyday. I believe that if the financials don't come out soon investors will get worried. I'm not afraid to admit that I may have acted a bit emotionally when I dumped all my stock. In hindsight I would have liked to held on to a few thousand shares. I believe the progress in GGNC will be delayed but I don't think it is a scam. If the stock drops low enough I will pickup some shares.

Again, I could be totally wrong. Two years ago there were people that thought Amazon.Com was grossly over priced at 20.00/share. There were scores of people laughing and shorting the stock. We all know what happened there. Read some of the older posts on Amazon and you'll realize that nobody can predict the future.

I believe I'm right - but so what I'm just sharing my views. I'm not going to elaborate any further than reliable sources because I don't care if you believe me. In addition it could cause problems.

Good luck all. I will continue to watch GGNC very closely. If it drops under 2.00 and I anticipate it will I will pick up some shares.

BAZ
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