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


To: Jimmy Dunn who wrote (463)1/11/1999 8:27:00 PM
From: M. Dion  Read Replies (1) | Respond to of 1431
 
Jimmy.....I for one really appreciate the information.....I do happen to disagree with his float numbers......no matter what im about to say...I believe a move to the $1 plus area is going to happen.......Now for what i was about to say....Their is no way in hell that their is only 3.3 million in the float....I assure you that some of the 144 shares are in the float.....

please dont try and convince me otherwise as this stock trades way to many for it not to move with the volumn it has....Look at today....If their was only 3.3 million in the float...and its traded huge volumn for days on end.....typically over 1 million a day.....are you telling me that anyone who would put away 200,000 wouldnt know whats going on?

My point is, is that we saw a block of about 200,000 hit the market this morning.......I cant believe anyone with that size position who bought in the open market would sell here, especially if they knew what was about to happen....

Its a 144 sale and eventually, once they are reporting we should see how many in the float......i guessimate around 7 million+....

Still a very good buy with what is happenning...

\JMHO

mike