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 : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?


To: Charger who wrote (677)5/5/1998 1:43:00 PM
From: DavidCG  Read Replies (1) | Respond to of 3129
 
Well, here's the scoop.

I called the transfer agent for GNNX.

There are still the same number of shares outstanding.

21,743,857 as of today.

So nothing new there (when I see the price fall for no apparent reason, I automatically assume dilution...this isnt the case today)

The only thing new I see is that Jay Goldberg no longer works for GNNX in publicity. Its all Lou Vector and Tony Nichols of DutchAssociates.

Since nothing fundamentally has changed in the company, and they are going to prove within 10 days who the contracts are with. I see only buying oppurtunity down in this area.

I've been averaging down more and more.

Good Trading!

-DavidCG



To: Charger who wrote (677)5/5/1998 3:01:00 PM
From: Douglas V. Fant  Read Replies (2) | Respond to of 3129
 
Charger, What is a "BB"? Thanks Doug F.



To: Charger who wrote (677)5/5/1998 7:43:00 PM
From: Mark[ox5]  Respond to of 3129
 
Thank yoU Charger for the call.

I cant believe the panic and impatience of people on this stock.

This stock is a winner, will be reporting, has contracts with real companies, made money last year even without all the new contracts, is diversified, is in 2 really sweet sectors, and people are panicking because MM's want their shares. Good, they lose out.

This is the similar spot to where I sold my DGIV.. after it had risen from .60 to 1.50 and then stalled, and started going down. Same scenario here.

People are SOOOOOO impatient. I would of bought more but I was busy buying more BLHG and GLOW. I hope it stays down this low, or LOWER for the next week so I can take profits elsewhere and ADD here.

Mark