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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: Tradenride who wrote (288)	4/23/1998 11:53:00 AM
From: DavidCG	Read Replies (6) \| Respond to of 3129

They are very short of shares, hence the rocketship ascension to $4.00 before falling back to $3.25. And this after a pitiful excuse for a shake this morning from $2.65 - $2.68. Does someone have the trades for that time period? The amount of shares the MM's got from that was pitifully low if you look at the trades. So, they decided to shoot the stock towards where they think they can shake some.. at $4. (and they did, of course.. people yesterday just made a 100% return at $4) What appears to your eye, a strong pullback to $3.25. Don't let them fool you. This is simply another base they are creating before sending GNNX back up again. They need these shares. And what do you think they are going to do once they get cheaper shares? That's right, start it uting again. You didnt panic sell at $3.00 right? So why panic sell at $3.25? Think about what is going on with such an infinitely small float. Good Trading! -DavidCG