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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC -- Ignore unavailable to you. Want to Upgrade?


To: Bill on the Hill who wrote (326)2/16/1999 8:36:00 PM
From: Jules  Read Replies (3) | Respond to of 476
 
I am truly at a loss for words...the news is released on the wires and the release is very promising. There is no hint of anything negative. Then CNBC does their thing and it plummets.

Questions
1) Why would the company put out a positive news release if they were bankrupt? And if they did it to raise the share price isnt that a bit unethical?

2)If GBFE does in fact stand behind their release shouldnt they be totally pissed off at CNBC?

Something is just not right.

Just my thoughts

Thanks