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Microcap & Penny Stocks : Generation Entertainment (GNEN, GNEND) -- Ignore unavailable to you. Want to Upgrade?


To: MakeMoney who wrote (420)1/9/1999 9:34:00 PM
From: M. Dion  Read Replies (1) | Respond to of 1431
 
I know what a day trader is.....and what you are seeing on gnen is not day trading....(maybe to a very small degree)....Companies that are day traded move dramatically one way or another during the day which in turn draws investors to that company.....This stock may move up or down .05 cents in a day....big deal.....If it moved up .30 to .40 cents and then back down .30 to .40....then you have something.....With so many shares being traded, i would guess that either insiders are letting go of some of their position or someone close to the company isnt playing straight....and we all have been involved with companies like that.....

I would agree that 1,000,000 in trading is probably alot of double prints....but to many high volumn days on no real movement indicates to me a hellava lot more shares in the float than what we are told.....

and, according to (I forgot her name)....the people behind this deal are a little bit questionable....that being the case along with this company being a non reporting means to me that all information being disseminated is coming from the so called questionable people....

With that said.......i find it hard to believe that their is only 3.7 million approx. in the float....

mike

ps....a great internet announcement makes this all irrelevant....