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Microcap & Penny Stocks : GIFS
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To: Howard Shlom who wrote (1923)2/2/1997 5:26:00 PM
From: BlueSpruce   of 8012
 
All this negative hoopla has made you paranoid. I was also one of those negative posters who sold at a loss. Everyone always asks why we stick around "bashing" the stock after we no longer own it. Informative posts that may happen to be negative are not "bashing" the stock. I can tell you one reason I hung around (and presumably others) is simply because after a lengthy period of being "part of the club", having your thinking change dramatically brings with it a sense of responsibility to let your former comrades in on your change of heart. I shouldn't speak for her but I can guarantee you this is where Caroline is coming from. Enough of that has transpired so that anyone still holding GIFS is doing so knowing full well all the pros and cons as perceived by the members here.

Others do seem to take a stronger position. Perhaps a good samaritan, perhaps a shorter. Who knows? I thought Jeff Silverman's post was silly. Nobody's going to be suing anybody over this stock. Don't forget- if he owns 140,000 shares then he has a tremendous amount of money tied up at a considerable loss at this point. That would make his posts as suspect as the shorters posts IMO.

Genesis may be suspect OR they may have just dealt with these problems in a very forthright and effective way. Time will tell. Let the company do the talking at this point. Big 6 audit, good earnings, progress on the Pace Car progect. Not much else matters. But MOST of the negative postings of the last 3 weeks simply came from former believers who no longer believe enough to risk their money.
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