Re: Anybody watching GNNS.PK, hbecause it moved up 28% today
posted on
May 19, 2008 11:28AM
Investor Inquiries: 604-649-0080
Rockfish -
If I recall correctly. GNNS has BILLIONS of shares and it's SP is measured in amounts that are less than a penny. Stocks like these can make huge moves just because of some concentrated buying and then they seen to "settle" back to the old price real quickly.
Remember that these are the guys that held up JB#2 because they couldn't come up with their share (the $300K mentioned earlier). That is how Park Place came into the Morgan Highpoint porject.
- Panamax