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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: Wally B who wrote (3026)1/18/2001 10:06:47 PM
From: Salt'n'Peppa  Read Replies (1) of 3086
 
You are most welcome Wally. I have to admit that I didn't expect a double in 3 days!

I slipped the name JAWZ sneakily into our KOB thread, as the crowd there gets very touchy and yells spam at the first hint of another company name on that thread.
It really was a steal at 7/16 and I wanted all my ELH buddies to know it.

I sold half at 7/8 last week and am now sitting with a bunch of free JAWZ shares in my RRSP.
Pure luck!
I haven't traded like that since KOB first moved up from 10 cents to $1.

I think that this first and second quarter are going to offer a lot of volatility for smaller companies like JAWZ, OILS and KOB.
Companies that have real products and real(-istic) potential, in my humble opinion are worth playing through this volatility. Having real worth, I do not view them as pure speculatives, and would feel okay if I was stuck with them for some time.

My philosophy now is to sell if any of the above three companies has very strong upward movement over 3 days. My feeling is that it WILL most likely come down in the short term, allowing us to play it again.

I know OILS and KOB intimately and have a good feel for their trading patterns now, but JAWZ is different.
I don't know that much about their inner workings, which is why I am here reading about them with these other JAWZ fans. Any knowledge benefits us greatly in our decision making.
Another philosophy, I suppose, would be to just hold them for a year and see what happens. Well, I fall into that category too, but it sure is fun to hold shares that the market has bought for you.

Sorry for the sermon folks. Just wanted to share my thoughts with the thread. I am sure we'd all be interested to know how each of us intends to play the JAWZ game.

Looking for a suitable entry point to buy back the half that was sold.
S&P
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