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


To: Laura M. who wrote (1648)7/9/1998 11:30:00 PM
From: Russel W. Kennel  Read Replies (3) | Respond to of 3129
 
See post #457. IMHO the stock took a month and a half to fill in the$1.25 gap, and now is nearly ready to fill in the $.65 to $.81 gap which should take the price down to around 1/2 to 5/8. Then maybe there will be a base and then finally a new rise provided the company actually shows evidence of making money. IMHO, no use counting on the fundamentals to increase the price much until the technical trading problems are solved.

Again, not being negative, just realistic based on past experiences.
Need to preserve capital whenever possible.

Russ