Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: LT who wrote (1691)	7/10/1998 10:44:00 PM
From: Russel W. Kennel	Read Replies (1) \| Respond to of 3129

Two points: 1. The gap theory which I learned from other traders after having lost heavily in the past (going against it) was a concept I felt to be a worthwhile thing to share after observing the potential phenomenon in the GNNX chart. After all, I was grateful to others who shared the secret with me, and wanted to pass it on to benefit others. (For those who take this as ingenuous, you have your opinion) 2. I had a concern about some inconsistencies presented by the company which led to some doubts about the sustainability of the stock price, and I shared those concerns with you all honestly. I beg to differ that an honest appraisal of fundamentals along with some trading wisdom should be seen as "reckless" or "yelling fire" in a crowded room. I had always believed that this forum was a place where intelligent people could exchange ideas, and yes, even speculations, which certainly abound on the BB board, and have been abundant on the GNNX thread. I really do not know where this stock is going, as I have been too busy of late to do very much new research, and have turned my interests to another stock that I have been in for almost two years, and which I am seriously under water on. All I do know is that the "gap" theory has once again shown its stuff. I don't even know why it works, but evidently it has something to do with technical trading balances between supply and demand, and possibly manipulations by market makers. I guess if it is reliable more than 50% of the time you are ahead. Just trying to survive like everybody else and I hope GNNX fulfills its intent to make money and value for its shareholders. Russ