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


To: Charger who wrote (1076)5/18/1998 12:59:00 PM
From: Michael Ulysses  Respond to of 3129
 
Charger, thank you for your report.

I left a message for Mr. Nichols asking them about the release of the Frank Sinatra 4-album package. They said they're busy right now but they'll have somebody call me back, thru landline or e-mail.



To: Charger who wrote (1076)5/18/1998 1:04:00 PM
From: Brad W.  Read Replies (1) | Respond to of 3129
 
Charger;

Looks like it's very quiet today (small # of posts & low volume). I'd guess everyone is waiting for the audited financials and more news on new deals before buying. The way I see it, Genesis would not publish poor financials thinking GNNX will then get onto the NASDAQ. If the news is just OK and but brings credibility to GNNX then why would investors or even day traders wait until Tuesday or Wednesday to buy. BUY NOW before the MM's push this thing up over $3 or $4 per share. With all of the extra cash floating around today (DOW & NASDAQ down) I'd think we'd see more action before any news breaks.

Just my opinion but I'd guess there are investors out there right now pondering the thought of buying in the next few days.

Happy Investing, GO GNNX!!!!

Brad W.



To: Charger who wrote (1076)5/18/1998 1:10:00 PM
From: BEEF JERKEY  Read Replies (1) | Respond to of 3129
 
Greetings!

I am not as familiar with Nasdaq OTC exchange stocks as I could be and was wondering if one of the more knowledgeable could explain the
signifigance of the gap between bid and ask? On appearance it seems that the MM s are simply buying low selling high at a ~7% profit each time! The reason it appears this way to me is that on another OTC stock I once tried to sell at the ask I couldn't get my sale through until I finally dropped my price to the bid even though the bid and ask stayed consistent for quite a period of time in which at least a few hundred thousand share exchanged hands!

Dont worry I'm not thinking of selling my GNNX! Its too valuable to let go at these low prices!

Thanks!