Global 1 Investment Holdings Corp. (fka GOIH)

[runner49]

On the top 20? Not sure which list that is.

I've invested in a few of these "flyers" over the years. I've lost my total investment on some and hit home runs on a few. Fortunately, most of the GOIH shares I've bought have been in the last 6 months. I have not sold any shares. If I lose it all, I lose it all. There is virtually no float out there, which makes the stock very vulnerable to wild swings, both up and (as we all know) down.

I look at GOIH as nothing more than a financing/exchange vehicle. The guys that received all those shares have got an incentive to create some type of exchange with a "real" company down the road. Even if the exchange is 200 shares for 1 share, it could represent a lot of money for those holding huge numbers of shares. Maybe it will all become dust in the wind. But maybe not.