To: bRiAn who wrote (950 ) 5/9/1998 6:00:00 PM From: Mark[ox5] Read Replies (1) | Respond to of 8879
Hey Brian.. you need to take it a little bit more easier on your hour by hour price comparisons of GLOW. Otherwise you will drive yourself batty. Just because a ton of people are not posting does not mean they abandoned ship as you say. Most are in more than 1 stock, and when there is nothing "new" to report on GLOW, they are comfortable in their position and dont post. Posting for posting sake is useless, and just takes up peoples time to read it and write it. This stock has had a huge run up from .08 area to .50+ area..and now it made a healthy pullback; this is normal. In any given day GLOW may trade with a .10 to .15 range. The MMs love the volatlity and volume. I dont expect the stock to rocket next week on the news of the web site, but if it does get overbought on a very short term basis I will sell a portion, and rebuy back at lower volumes when the MOMENTUM crowd leaves GLOW once more. Others will just buy and accumulate on dips... to each their own. I myself, added 10,000 shares Thursday when it dipped believing we should see .50 in short order. Long term this co. looks great, its not issuing shares like crazy, and its revenue streams are now becoming defined and realized. So if you believe in it and want to sell at $2, $5, or $10 down the road, dont worry if it dropped from .38 to .32 on any given day. Volatility is the norm on this exchange. Not preaching, just went through the posts of Friday and you seem like you have a lot (maybe too much?) riding on one stock and every .02 dip makes you get sweaty palms. P.S. Your judging GNNX too quickly as well IMHO :) It's time will come.. its going through the same sort of correction GLOW and any number of stocks have gone through after a big run up. If you see drops on LOW volume, that is a normal correction. When you see drops on HIGH volume..that is when you start to question what is going on. Take care, Mark