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


To: BILL L who wrote (684)5/5/1998 2:54:00 PM
From: Douglas V. Fant  Respond to of 3129
 
Bill, Agreed. I "snuck in" before lunch and bought some more shares @ $1.45/share today and feel really lucky....I'm just going to wait and see what happens here..... I just have the "feeling" that there are more deals pending in the wings, after studying the contents of the press releases to date....

Sincerely,

Doug F.



To: BILL L who wrote (684)5/5/1998 3:13:00 PM
From: bullmarket  Respond to of 3129
 
MMs will always try to play games by jerking down the bid price to get weak hands out of a stock. Do not fall for this trick!!!
BASICALLY, they sell shares they do not have at a high price; later, they would panic investors into selling the investors' own shares at a much lower price (by pulling down the bid to cause panicking investors to sell their shares cheaply to MMs, who would then make a huge profit).
They tried to do the same thing to DGIV; however, everytime they attempt to pull down the share price, investors BOUGHT more (rather than selling in a panic), hence foiling the MMs'attempt. This is 1 BIG REASON WHY DGIV PRICE HAS STAYTED UP SO WELL !!!!