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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: JRR4 who wrote (333)5/4/1998 9:52:00 AM
From: dexx  Read Replies (2) | Respond to of 8879
 
Just based on currently available information, I think GLOW is definitely a buy up to at least $1.00... even higher with confirmation of more financial news.

Dexx



To: JRR4 who wrote (333)5/4/1998 10:13:00 AM
From: Ken Sammut  Read Replies (1) | Respond to of 8879
 
JR,

Agree with you about slow and steady but that usually does not happen with these pennys as I am sure you know.

Fortunately or unfortunately, once a penny stock is discovered and has a "sexy" story, supply and demand takes over. We could see that this morning as the bid and ask were raised before a single trade took place. Market Makers knew the market could take the higher price because of the demand and lack of sell orders.

If more and more people jump in, there is a better than 50/50 chance that this stock could move like BAAT and other fast risers to several dollars very quickly.

Most high flyers usually fall just as quickly but the ones with substance usually find a much higher ground than when they first started to move.

Even a company like BAAT that jumped to $3.00 plus in just several days of trading (was in the .10 to .20 range when it started its move), has held steady in the 70 cents to 80 cents range. This even after Barrons, USA Today and other publications called the product they have a sham.

My point is that if we do see a rise to "lofty levels" and then a pull back, anyone who is in now should be in fine shape. It seems that GLOW has substance. If the news is as good as we expect this week and the next two weeks, anyone who is in under 50 cents will be a very happy camper.

Ken