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


To: goldentoe who wrote (1491)12/22/1998 10:13:00 AM
From: Chuck Rubin  Read Replies (1) | Respond to of 2585
 
Oh ye of little faith.
We are threaders, its managements' job to do the managing, which so far IMO they are doing a tremendous job for a 3 month old Company.

Chuckr



To: goldentoe who wrote (1491)12/22/1998 10:38:00 AM
From: hammer  Respond to of 2585
 
Thanks for your concern - it's always tough to sit here and watch a stock slide - but I just don't have reason to get nervous for the following reasons.

1) stock down only around .40 cents

2) on low volume - a wapping 106,000 shares so far today

3) on no news

4) on a recent run-up from low teens to $6 in the past 3 weeks

5) on bashers / shorters attempt to discredit the company

There simply are too many things going good with GGNC which are so close around the corner. Things which have been confirmed by many independant GGNC investors.

Here's the list I can quickly come up with.

1) Chinese site begins heavy promotional campaign Dec. 28th

2) James Chu's trip to China

3) December results

4) Promotional campaign for English CyberBetz

5) Fully reporting after 1st. qtr.

6) James Chu trip to the Caribbean

7) Horse racing

8) Dog racing

9) Elite gamblers clubs in China

10) Acquisition news

In my mind these are all significant events which we should be updated on within 30 days. True - the price is around 1.65, but it has the investor attention of a 7 million share traded day which means there are lots watching. I'd personally rather miss .30-.50 cents now than miss a nice run-up when GGNC can report substantive progress.

As far as "promoting in areas that will actually make it a viable company" I am personally looking for GGNC to do that job. We investors can speculate, extrapolate, digest, twist, GGNC's PR's and what little information we gather from outside sources but it ultimately will be on GGNC's shoulder to produce. Bottom line - produce!

And I believe they will.