Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Due Diligence who wrote (670)	5/3/1998 2:34:00 PM
From: xbrent	Read Replies (1) \| Respond to of 2278

Is the present stock price overvalued or undervalued? Last year you could have owned the stock a higher or similar price to what it is today. All the discussion about 5 baggers 10 baggers is only relevant to where you bought it. For people who paid .35 last week they have not done alot of bagging. For folks who bought at .06 yes they have bagged, as they say. I don't like the term bagging or bagger because it implies unlimited hype and that makes me uncomfortable. The stock is presently at a level similar to where it was last summer and fall. It it not at an all time high at all. It became a bagger because the price had fallen appreciably because the technology was not ready for prime time. Should the Company demonstrate that the technology is commercially viable and cost effective the stock price willl reflect it regardless of whatever bagging multiple people apply. Licensed proven cost effective technology coupled with projected profit stream will set the price and I have to think that if that occurs it will not have much relevance to today's price.