To: blkjk7 who wrote (189 ) 10/21/1997 8:29:00 PM From: K.J.Devine Read Replies (1) | Respond to of 720
Well good point. Let me tell you about how the stock picked up. If you noticed the first two weeks over 1 million shares were traded each day. Thus, the buying was done cheaply at a very low price .09 to .12 per share (Level one). The price then increased and volume dropped. The announcement of news was more then likely put out to get a bunch of investors to buy at a higher price. Why dont they buy a U.S. company somthing someone can get some financials on. First the Foreign Company, then the Dating Service Company. Where did all the cash come from? Where did this company who never got Bingo really of the ground, all of a sudden become some technical wizardary company? Hell, they have not even dumped a single cent into that web site in over four months. They can't even keep their press releases updated on that site. Been here before with this stock, but this time it does not seem to be working. There is no volume at these levels, thus we more then likely will see a pull back from the level 1 buyors very soon, before their profits erode. Go back and read my posts from January and February. This company in my own personal opinion is one big PONZI scam and the only thing that will ever change my mind is if they start coming out with some facts. Nobody seems to know where they came up with 18 million dollars to buy companies which you can't even get financials on. It's amazing how this company is even still listed. My personal opinion again is that their really is not some new president, it's really Jamieson he is good at this stuff. Company name changes press releases on buying the assets of foreign companies or companies who stock price went to zero. It's all in the history, they started with East Coast. Best time to buy is before the next name change and direction announcment. Actually, I have to hand it to them Global's Management is getting more creative. We shall see, just how much will pan out. Heck I hope it's true.