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Microcap & Penny Stocks : Global Intellicom--Symbol GBIT -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (728)8/21/1998 3:42:00 PM
From: Michael Graham  Read Replies (1) | Respond to of 1096
 
I took advantage of the low price and got some more.

Can someone answer a question?

I have heard that the shorts are keeping this stock down or when it goes up they bring it down. How does a short or being short bring the stock price down, except that the price goes down as a result of negative posts by shorters? Is it the negative posts or does the process of shorting a stock bring the price down?

Thanks

Mike



To: Dave Gore who wrote (728)8/21/1998 3:49:00 PM
From: Jim Kay  Respond to of 1096
 
I believe mgt has turned this around ... controlling expenses and focusing on profitable segement of business... just looking at the charts seems like there is another leg under $1..... or was a possibility to get some under a dollar..... eom


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