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


To: BILL L who wrote (939)5/12/1998 10:34:00 PM
From: Mark[ox5]  Respond to of 3129
 
Ok now tommorow....

I have to say such a strong move on light volume is something I dont encounter very often, so I am not sure what to make of it. Usually when you see a move up on HIGH volume, you expect a nice gap up in the A.M.... however, not sure in this case. If this is a valid move, it is because of such a thin float. Right now we have a bunch of new investors looking at the stock, so tommorow could get interesting.

Once again--- if you follow the market minute by minute or hour by hour, just tighten the seat belt and expect some MM shakes after any strong move upward. Prepare mentally for it... happens a ton on this exchange...to good companies and bad. Hold your shares and once the MM's start running out of shares in inventory they will start competing with each other and increase the price.

The next post is the last of the share tally. I also found a GNNX board on AOL tonight and I informed them of the SI board.

Have a good day tommorow.. I will be "watching" (through the discount broker automated phone system!).

Mark