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: BILL L who wrote (808)5/9/1998 4:39:00 PM
From: Loren S.  Read Replies (1) | Respond to of 3129
 
On every board I follow (all speculative stocks), it is always the MMs and shorters that are holding down the price. In many cases I do believe there is a lot of truth to this. But in a stock like this with $200 mill in contracts already penned, what is going to stop the stock from flying once the revenues start rolling in? I think there is still a lot of skepticism that a little company like this can bring in those kind of revenues. But once it's reported, the stock price will inevitably have to more accurately reflect the value of the company.