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

To: Dave Bissett who wrote (586)	5/3/1998 12:40:00 AM
From: WVMayor	Read Replies (1) \| Respond to of 2278

GLCP is either going to blow sky high or fall to pieces based on the forthcoming FCC approval decision. If FCC approves, over $300 million in contracts on the table will make GLCP a rocket to Pluto. However, if there is a wrench in the works and FCC denies or postpones (highly unlikely), then the stock will tank. Having done DD, along with many others, I don't see how this one can miss. The Mayor has pontificated thusly...

To: Dave Bissett who wrote (586)	5/3/1998 12:50:00 AM
From: Tim Luke	Respond to of 2278

i think there were around 1700 trades on friday

To: Dave Bissett who wrote (586)	5/3/1998 1:38:00 AM
From: Boob	Read Replies (1) \| Respond to of 2278

A sign from the heavens...our first naysayer!! If you have the ability to buy at EVERY dip and sell at EVERY peak then I congratulate you on your "Goddish" abilities. Me, I am not good at timing the market plus get so scared when I try and time it and most of the time sell before it goes up or buy before it goes down when I attempt to do this so I would just rather hold through all these price variations. Since you have this amazing ability you should be up more than 400% this WEEK like me who is holding long term huh? I'd be willing to bet you're not. I've never quaded my portfolio in one week by daytrading but have done it several times on when my long terms wake up so I'll just stick to this investing style. Besides, in a long term investment I am confident in I throw 10times or more money in it than I would throw into a momentum so if a long term goes up 10% it is the equivalent for me doubling on a momentum. That is why I much prefer this investing style. Heck a 10bagger a month thus far this year from my long terms and I've never come close to these returns from daytrading so.... I will quit yibbering Boob

To: Dave Bissett who wrote (586)	5/3/1998 8:40:00 AM
From: hoffy	Read Replies (4) \| Respond to of 2278

>>>I'm very enthusiastic about this company but I've seen this opinion about the "real money makers" and, frankly, it's naive and dangerous. First, add up the percentages that quick daytraders could have made each day over the past week in this stock and compare that to buying on Monday and holding through Friday. Now multiply that by the number of days/weeks GLCP may see daily ranges like these over the next few months or a year.<<< Yes, but you assume that you buy at the low and sell near the high. If you can do that all the time then you are truly amazing. The daytraders do make money on stocks but it is not an easy way to make money. It looks easy when a stock moves up and down very fast but to buy low and sell high is difficult at best. And when a stock goes through the roof most time daytraders are out of it way too early to make the big gains. They are happy to scalp 10% on a stock but the long term holders can make much more. If you know a system on how to buy low and sell high all the time please let me know. I want to get rich quick too.