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Microcap & Penny Stocks : Greenland Corp. (GLCP)

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To: Francois Goelo who wrote (2161)4/14/1999 9:32:00 AM
From: Vegas  Read Replies (1) of 2278
 
With that sort of volume and these very good news, I can't understand there are that many willing sellers to the point of taking the price down nearly 7%. Something just does not smell right here.

There are many many people "trapped" in this stock at higher levels. About a year ago there was a huge P&D with the "OLD" mamagment at the helm. (volume reached as high as 15 million in a day) It turned out the product did not even work and that was followed by a 10-1 reverse. After that there was quite a bit of finger pointing here on SI trying to root out the person or persons who started the pump. It was very ugly and left a bad taste in my investors mouth. This is the highest the stock has been since then. The only reason I am not taking my money and running is because I think the new managment are for real. I have talked to Ed Sano and everything he told me was the absolute truth. (See my previous post on this thread) The stock needs time to build investor confidence, especially after the debacle last year.

One other note, the stock is up over 100% in 3 days.

Vegas
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