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Microcap & Penny Stocks : GLOW - Global Games, Inc. - Great Profit Potential ! -- Ignore unavailable to you. Want to Upgrade?


To: Tallen who wrote (4783)7/17/1998 3:37:00 PM
From: Selfop  Respond to of 8879
 
JMO-- With so much potential for GLOW, YES, shares are being held tightly. But many people bought like you and I did, under .10 so a run up could free up some shares. Revenues and earnings, if all pans out, will drive the price. This is one stock that merits a patient wait. Of course, if things turn sour, there will be many shares freed up fast.
So your/our caution is appropriate as well. GO GLOW



To: Tallen who wrote (4783)7/17/1998 5:22:00 PM
From: David A. Irvine  Read Replies (1) | Respond to of 8879
 
Welcome Tallen and other,

I just wanted to post a morale-boosting note for all GLOW longs. Now is the time to keep strong and hold those shares tight, especially those weak holders who may be getting nervous. There are great things to come, and there is no reason to sell this stock so low when there is so much potential.

We have settled into a really strong base in the mid-20 cents range, and we have tested the lower and higher resistance points stock on several occasions in the past few months. When we breakout above the recent highs there could be a great rally that you won't want to miss.

Remember, the horizontal length of the base is usually proportional to the vertical rise of a breakout. This price increase could exacerbated by an oversold situation. The breakout could happen at any time so don't get caught with your pants down - buy and hold, buy and hold. I really like the volume surges on price increases, but then limited volume on pullbacks. I feel that we are going to jump the 30, 40, and 50 cent ranges and maybe more. Time will tell.

Those who are patient will be greatly rewarded - there is a silver lining, but we aren't going to get there overnight. Deals take time - websites take time. Hold your shares tight, and be patient. Fundamentals will move this stock, and right now, as a non-reporting BB stock, we are relying on the potential this stock holds. When revenues kick in next month and the audit is complete - look out! You will be kicking yourself if you sell now because the prices next year will make GLOW the darling stock of your portfolio. But, you need to be a thick-skinned investor and have faith (yes, it takes a lot of faith) that the DD is correct and that the payoff will materialize as the deals are completed.

Good luck to everyone.

Have a nice weekend.

-Dave