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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)
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To: SusieQ who wrote (2694)4/19/1999 5:29:00 PM
From: out_of_the_loop  Read Replies (1) of 3129
 
I bought this stock about 15 months ago and watched all the things I described in my previous post. I participated on an e-mail list of stockholders who tried to get responses from the company. Much of this is available on this thread.

I sold this for a large percentage loss months ago. I monitor this thread, among many others, to see if there is anything substantial to this company or whether it really is just a scam.

Unsubstantiable rumors examples include things like "this stock is going up this week and that stock is going up next week". People can just look at all the things that are listed on the subject summary (https://www.siliconinvestor.com/subject.aspx?subjectid=20316). Note they are dated about 1 year ago. Ask the company the status of all those contracts. Read their press releases. Compare them to press releases from Lucent and IBM, not in terms of amounts of money or the specific products, but for differences in writing style.
What specific DD is shared here? There are many like it recently. Message 8908930

I sometimes read the newspapers from places I've lived before. That does not mean I want to live there anymore. If I could direct someone to a good neighborhood, I would. If I can keep an innocent person from making an investment decision based on rumors that cannot be substantiated. The rumors are only about the stock price, not anything specific that the company is doing.

If someone can tell you to the day when something is going to go up but not why, with a reasoned opinion (with facts that you can verify), they either have inside information or they are planning to buy a boatload of shares, then dump into newbies buying. That is the reality of the market, especially OTC:BB. I have seen not one fact presented here that makes me feel any different about GNNX. Have you?
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