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

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To: Baz Luhrman who wrote (1840)1/23/1999 5:00:00 PM
From: StockRanger  Read Replies (1) of 2585
 
Baz, I have a problem with your logic.

You state that you are going to pick up more if it drops below $2.00. It got as low as 2 1/16 yesterday. If you think something is amiss in the company why buy at all? The difference between where it is now and $2.00 is not going to make much of a difference in the long run. If it does run to $20+ it's a 10 bagger vs a 7-8 bagger. The risk is not owning it at all.

I agree on two points:

1) I very well think you will see $2 if there is a significant delay on waiting for financials.

2) This is what makes the game exciting.

StockRanger
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