Replies to post #6917 on Genco Corp (GNCC)

[Laster]

Really? I think there is no value in this stock and seeing it move below a penny for good.
But good luck trading to you. You will need it on this one.

[Bountiful_Harvest]

What positive news could there potentially be?

any positive news takes us to much higher levels. So oversold.

It seems the only trade here is on the back end with conversion formula. It would be nice to know exactly what the conversion formula is. Would need to know that first, to know the value of our shares. I hope its higher than our average cost, but I have no way of knowing exactly what those figures are.

If shares are valued over .30, then everyone wins. If they're valued at .0005, then everyone loses.

I keep buying here and there, as I believe CEO will get us good value for our shares, but I now view GNCC as: High Risk / High Reward