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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme
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To: Andrew H who wrote (2162)6/4/1998 3:25:00 AM
From: Dave Gore  Read Replies (1) of 8798
 
THE BOTTOM LINE: Buy the dips in our focus stocks

Whatever we have learned, the very most important thing is to support the dips... if the leaders (and others) don't do this, the alliance will crumble before it starts and most will not play "follow the leader" in the future.

Whoever starts the game and sells the other's out might do okay on these stocks, but no one will follow them in the future. At least, I won't.

Here is a scenario for a succesful stock! Kind of like DGIV or maybe even closer to the way EDII is looking. Buying on DIPS on high volume "turns the float" quickly and brings in new investors at higher and higher levels. Some days will be very modest gainers or losers.

A MYTHICAL STOCK (then see actual stock below):
Day 0: 20 cents, climbs to 40
day 1: 40 to 55, then back to 35 (some profit-taking)
day 2: 35 to 31 continued profit-taking
day 3: 30 to 45 *** (buying the dip)
day 4: 51 to 75 then to 52 (gap and more profit-taking)
day 5: 52 to 56 *** (buying the dip)
day 6: 56 to 58 (slow steady movement, higher close)
day 7: 58 to 65 (ditto)
day 8: 65 to 1.10 (news and run up)
day 9: 1.10 to 1.40 then 1.00 (profit-taking)
day 10: .95 to .88 then 1.20 *** (buying the dip)
day 11: 1.20 to 1.25
day 12: 1.25 to 1.42
day 13: 1.45 to $1.60 etc

LOOK WHERE WE ARE.... up for 20 cents to $1.60 in 13 days of our mythical stock...but believe me this happens all the time. albeit at a different rate.

******** HERE IS ACTUAL CLOSING PRICE DATA ON DGIV:

4/9/98: 3-9/16 ...where I personally started buying again
4/13: 4-5/32
4/14: 5-7/16
4/15: 5-7/8
4/16: 6-3/16
4/17: 6-1/8 .... slight profit-taking
4/20: 5-7/8 *** BUYING THE DIP
4/21: 6-1/8 .... basing
4/22: 7-1/8
4/23: 7-3/16 .... temporary high peak
4/24: 6-1/2 .... profit-taking
4/27: 6.00 .... ditto
4/28: 6-3/4 *** BUYING THE DIP, more investors in at higher levels
4/29: 6-9/16
4/30: 7-1/8
5/01: 7-5/8
5/02: 8.00 higher peak than before on 4/23
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