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


To: Mark[ox5] who wrote (936)5/13/1998 1:19:00 AM
From: Douglas V. Fant  Read Replies (1) | Respond to of 3129
 
Markox5, While short-term the release of restricted shares may drive the price downward as some shares are sold, long-term the increased float will make this stock more viable to be held by initially by private money managers and subsequently as market cap grows (due to unofficial rule of 5% of market cap limit on purchases) to institutitional investors....

Sincerely,

Doug F.