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


To: jj who wrote (846)5/7/1998 6:34:00 PM
From: crimson  Read Replies (2) | Respond to of 8879
 
Appears obvious it will spike up...but you never can tell with stocks...any stock for that matter!

The one thing I have observed with penny stocks that appears to hold true everytime!

OTC:BB Stock News - Positive News

1) People here announce that a news release is out....stock doesn't jump much (shows how little a thread plays in the overall size of a stock)

2) About an hour after the positive news the stock jumps greatly....

It took about 60-90 minutes for things to really happen with GLOW after the last release. With that being true, I am guessing that there will be many BUYS going on after hours and first thing tomorrow...(This press release is really good news!)

But, it will probably see sells coming later as people see 50 cents again and they don't want to miss getting out again! The bottom line is that if you sell, it probably won't return to these numbers again! I would guess a new base would be established, and today may be the last day of 30 cent trading...

Ask someone here what the after hour trades were like and check back jsut before opening tomorrow to see plenty of updates on the pre-opening numbers!!

Of course, I could be wrong, and nobody likes the press realease and the stock tumbles again - who really knows!

Jack