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Microcap & Penny Stocks : Greenland Corp. (GLCP) -- Ignore unavailable to you. Want to Upgrade?

To: RCJIII who wrote (561)	5/2/1998 5:40:00 PM
From: xbrent	Read Replies (2) \| Respond to of 2278

Events that will have a substantial positive influence on volume and price include 1. FCC submission 2. FCC approval 3. Patent approval(s) 4. New contract executions ($300 M deal) 5. National publicity regarding stock 6. Analyst (s) following. Each one of those events can cause this stock to go up 1/4 to 3/4. The analyst following could drive it considerably higher, as it would make a penny stock legitimate for many major investors. On the negative side the stock remains a BB stock, news may not happen or be timely, the bashers show up on the thread, momentum is lost for any number of reasons. Assuming minumum negative events, I remain very postive regarding GLCP. Compare it to recent stock run ups BAAT, WAST, etc. I think that GLCP is a far better stock story of general interest and investor interest. I think that we will see $1 this week, with alot of ongoing volatility and shake outs that will test our patience.

To: RCJIII who wrote (561)	5/2/1998 5:58:00 PM
From: Chris O'Keefe	Respond to of 2278

RCJIII, in post #561 you wrote: BAAT's price ran from .06 to $3.25 in a few days. In post #279, you wrote: If you don't believe a stock can go from pennies to dollars in a week or two look at these recent examples: BAAT from .06 to $3.25 in 2 weeks WAST from .25 to $3.25 in 2 weeks DGIV from .25 to $7.5 in 2 weeks While I agree with you in principle about the possibility for a stock to make a gigantic leap in a relatively short period time, here's my take on those three stocks: BAAT from .08 to $3.25 in 4.8 weeks (Jan. 2 - Feb. 5) WAST from .375 to $3.28 in 3.1 weeks (Feb. 3 - Feb. 25) DGIV from about .50 to $7.25 in 5.7 weeks (Mar. 13 - Apr. 22) [Note: The tool I was using to research stock history, tradepbs.com, is great! For some reason history for DGIV only goes back to April, 1998, thus the wording "about .50" is my way of saying I was looking at a graph that didn't have the same precision as the "Historical Pricing" web page.] My hope is that the second set of numbers will bring us all down to earth just a tad. We may have to look at a wait until June before we hit some of the big $ numbers that folks are talking about for two-weeks from now. If GLCP goes to $2/share in two weeks, we'd be looking at a 40-bagger (0.05/sh x 40 = $2/sh) occurring within a 20-day time frame!!! That would be a better performance than any of the quantum leapers mentioned above. I'm not sure if any of this is too relevant since if the stock goes above $1 (which I think is a no brainer given good news next week) a lot of us we'll be looking at 5-baggers and the "problem" of the day will be, "Do I take the 5, or hold for more?" Food for thought... Chris