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

To: vic vreeland who wrote (595)	4/30/1998 10:23:00 PM
From: H-Man	Read Replies (1) \| Respond to of 3129

Sounds like your timing is just a little off. When a stock like this runs up, they usually pull back some. If your not in at the start, put a limit order in and let the selling come to your price. Should probably always do a limit order anyway. good luck

To: vic vreeland who wrote (595)	4/30/1998 10:46:00 PM
From: Mark[ox5]	Respond to of 3129

Vic, Just have patience ok? Stocks that move 300-400% so quickly always retrace some portion of that gain. The good ones do not retrace ALL the way back to former levels, and GNNX is not doing that so that is very good. You do what I used to do a lot, chase... Now I either "TRY" (not always successful) get in beforehand or let the retrace play and then jump in if its still undervalued. For all I know, or Jack knows, or Jill knows, the stock could go to $1 or $3 in 4 days... but if you look out more than a few weeks I think it will be higher. We have financials in May and that will help lend a lot of credibility. I am down 18% from my average cost too at this point, but I traded this at first so Im sitting on a lot of free shares, so it helps. But i didnt plan on selling this one this week or next week, so what it does today or tommorow doesnt matter. Right now the stock needs new buyers, and whatever news event that takes we have to be patient. There is accumulation going on here... just remember for every seller at $2.125 there is a new buyer at $2.125 as well. Mark