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


To: LT who wrote (1813)7/17/1998 10:56:00 AM
From: SuperCharged  Read Replies (2) | Respond to of 3129
 
IMHO MM's will probably try to avoid running the stock higher to allow investors the opportunity to sell at this level, remember anyone who is short has to produce that dividend themselves and I really think that any shorters would be thrilled if GNNX went lower so that they can buy back and cover their short hence avoiding the problem of buying stock in the other company in the open market to pay the dividend.

I think that next week will be extremely interesting.

Enjoy
SC