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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT -- Ignore unavailable to you. Want to Upgrade?

To: Learner who wrote (220)12/16/1997 9:24:00 PM
From: Simon  Respond to of 1096
 
Just people trading. It will keep bouncing up and down until positive news comes out or until they get a banking deal.



To: Learner who wrote (220)12/17/1997 11:26:00 AM
From: David E. Meyer  Read Replies (1) | Respond to of 1096
 
December TAX Loss sales!!!! Every December small stocks that have had a decent run up during the year then a substantial fall back will be hit by selling the last two weeks of December for tax purposes. I believe that is what is going on with GBIT. I you still believe in GBIT now is a great buying opportunity.

Dave

PS. Doesn't management of GBIT hold warrant that are to be exercised at $3.00.


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