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Microcap & Penny Stocks : GTCI - get in before the news hits -- Ignore unavailable to you. Want to Upgrade?


To: BishopsChild who wrote (1325)5/1/1999 2:22:00 PM
From: Cleo  Read Replies (2) | Respond to of 1541
 
Friday was a really good day for GTCI in a volatile market ... however, I'll feel more confident when we have an upward move like this on strong volume (Monday)?

To tell the truth, I got in a little bind Friday am and had to sell a small percentage of my position in GTCI at $2.97 (at the time the bid was like $2.87 and the ask was $3.00). The MM snapped it right up without changing the bid or ask ... so at that point I knew it was going North friday. (Of course the GTCI MM never snaps up stock near the ask unless he knows it is moving up.)

Still long and holding ALL the rest of my shares ... just looking for more volume to confirm the move up Friday.

But like I say, it was impressive considering the volatile market.
Hey, that GTCI runup occured when the dow and nasdaq were selling off in a move that took the dow down over 220 points, although it came back two-thirds of that. GTCI just kept trucking and moving up.
That was impressive.



To: BishopsChild who wrote (1325)5/1/1999 10:39:00 PM
From: Bobcat  Read Replies (3) | Respond to of 1541
 
jemuel - again if you ask a question you must try to create a meaningful question. Now 3 9/32 can be either. From which take off point are you talking about. It is south of the recent $4.00 plus and it is north of the previous days closing. But you must also know that one day does not make a stock. You have already seen this stock go above $4.00 but did it remain? Well what makes you think it will have any more success this time?

You see there is nothing here and the stock is grossly overvalued at $2.00 a share.