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Microcap & Penny Stocks : GGNC - GIC/Global Intertainment Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Norms who wrote (994)12/6/1998 10:46:00 AM
From: ksuave  Read Replies (3) | Respond to of 2585
 
Although new to this thread, I've been following the stock for a while but, unfortunately, completely missed the runup over the last few weeks. It was just too fast and with no pullbacks to jump in on. I finally purchased a few shares late this week at slightly less than current levels under a similar belief held by some others posting here that the media blitz this weekend would cause another runup tomorrow, but I have grown skeptical that that will indeed occur.

I realize that the market for this company is much larger than just the people who participate on SI, but SI is nevertheless a good indicator of interest (and especially frenzy)in a company. The internet sector as a whole is quite a bit cooler than it was last weekend when it was deliriously feverish, and the interest in GGNC is noticably lessened. Last weekend, there were about 150 posts between the close on Friday and the opening on Monday, while so far there have been about dozen this weekend. GGNC was being mentioned on all sorts of other threads which is not happening this weekend. Most telling to me, however, is the complete lack of coverage on this thread of the media exposure given to GGNC. I don't have access to TSN way out here in West Texas, and I'm greatly disappointed that not one person throughout the whole US has not relayed to us the details of that coverage.

I hope I'm wrong and haven't just gone longer on a company than I intended, but my feelings this morning are that tomorrow we will not see anything at all like what happened last week.

Best of luck,

Richard