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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: TokyoMex who wrote (524)5/28/1998 7:21:00 PM
From: Rande Is  Read Replies (1) of 8798
 
Joe, thanks. Allow me to try to ease some of your concerns. First, only selling was at high near bell. Second, MMs were not afraid to let the PONY run. Third, daytraders have now noticed activity and more investors have seen news. Here's a recent history of trading:

05/18/98 volume= 21k closed at 0.25
05/19/98 volume=103k closed at 0.28
05/21/98 volume= 15k closed at 0.30
05/22/98 volume= 99k closed at 0.31
05/26/98 volume=346k closed at 0.34
05/27/98 volume=469k closed at 0.38
05/28/98 volume=1119 closed at 0.42
05/29/98 volume=___? closes at ____?

PONY [Pan American Motorsports, Inc.] was formerly known as BIPG [Big Pony Gold]. I cannot find any info on either of these non-reporting companies and that is my concern. Same people or different? I trust gold mining companies just a bit more than I do politicians.

I do like the story and the momentum. And the best thing about PONY is American IndyCar Series, which has a history. This group has just begun their racing season [April 5]. We, as investors, can actually attend these races. That is cool. Goodyear Tire Company is the EXCLUSIVE tire supplier of the series. That lends credibility, beyond the shell.

If this less expensive racing series catches on, we could be in on the ground floor of a very big organization. The Pan Am Motorsports company has yet to define itself. I see this BB as another CITN [huge gains recently] or an AVBC. If the company is for real, the upside seems endless. If not, welcome to the BBs.

Rande Is
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