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

To: Russel W. Kennel who wrote (772)	5/8/1998 3:16:00 AM
From: DavidCG	Read Replies (1) \| Respond to of 3129

No, I'd actually like someone that isn't a cocky SOB as a marketing and PR man. Jay Goldberg was both. Confidence is one thing, being ignorant with me is another. If I want to talk to a guy like that, I'll hire a full time broker to hound me with his picks... I definitely don't need it to be someone who gives me the impression I'm bugging the hell out of him or asking what the float is like a "trivial" question not to be answered. Good Riddance to the old... bring on the new! "Dutch Associates" even sounds classier.. Also... There is a lot of comparison of GNNX to DGIV.. however compare the price action of GNNX to DCTC...probably a better comparison. DCTC based on earnings and deals should have been worth more than $1.50... but instead..on good buying action, it languished to a low around $1.34 last month. Now I had to wait 3-4 weeks for anything to happen...even with a flurry of news releases from DCTC (6 days in a row)did nothing to move it up. DCTC shareholders were convinced a marketmaker was holding the price lower (by shorting it) and thought it would have to pop sooner or later... it was a few weeks later...but what a pop. Went from 1.40 one day to a high of $2.50 days afterwards... now trades around $2. But make no mistake, it was a heck of a pop on relatively benign news (like the news that preceded before it when the stock didnt pop up, instead it fell) I had 12000 shares then of DCTC... I have 11,000 shares of GNNX now. The similarities are fascinating. I think if you never held DGIV or DCTC... GNNX is going to make you a wiser investor. Until I hear something bad with a stock I usually hold or average down.. I never penalize it for good news. Bad things would include: insider selling of shares, insiders lying as to what new and when it is to be released, issuing more and more outstanding shares (dilution)..etc... I sure haven't heard of anything gutwrenching bad yet and haven't heard about anyone lying, the stock isn't becoming further diluted. Everything sounds like it is on course. Good Trading! -DavidCG