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Microcap & Penny Stocks : Global Network Inc. - GNNU -- Ignore unavailable to you. Want to Upgrade?


To: CBurnett who wrote (41)2/4/2000 5:56:00 PM
From: Mike Perras  Read Replies (1) | Respond to of 394
 
Right on CB..

That was the point Jim Mason made about the 1.6 million float being tightly held .. at least 1 million of the float is in the hands of people GNNU knows very well & they're all close media types, 24/7 as you mention for example.

They know only too well GNNU's potential & they know how well connected Jim & his team are .. thus they are not selling into any activity at all .. these are very long holders.

GNNU has 500k or less actually trading in the float & of late I have to suspect most who have bought are afraid of selling for fear of never seeing these levels again.

I suspect many more will be alerted to GNNU over the weekend, listening to the audio & reading the news releases.

I believe there are no major issues being released next week IE Greenspan .. so we are free & clear of outside concerns that tends to keep people on the sidelines.

Monday should be very interesting! Have a great weekend.

Mike