SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Greenland Corp. (GLCP) -- Ignore unavailable to you. Want to Upgrade?


To: xbrent who wrote (563)5/2/1998 5:55:00 PM
From: TWICK  Read Replies (1) | Respond to of 2278
 
Who is or are the Analyst(s) following GLCP ? Just following or actually covering GLCP ? I'm not even spending too much time thinking short term, or what the MM's are doing. I'm thinking more about all the meters that need to be upgraded or replaced. I just inspected the meter on my house. Way old !!

Cheers.



To: xbrent who wrote (563)5/2/1998 11:15:00 PM
From: Alan Coccio  Read Replies (2) | Respond to of 2278
 
xbrent, there is one other factor that is having a great deal to do with the price these last few days. We have a market maker, La Jolla Capital Corp (LCAP), that has been holding the price down and has sold millions of shares over the past three days. In fact, on Friday he had the best ask position 55 times and never had the best bid price to replenish his stock. He consistently jumps into the gap and drops the ask price at every opportunity. Whose shares is he selling? Where did they come from? I doubt seriously he is shorting several million shares considering the potential price of this stock. There is little doubt he is representing a very major player that wants to be rid of his stock. Is it possible the company is issuing paper as fast as it can be sold? It is the one and only potential question mark hanging over us that I can see. Just thinking out loud.

Alan