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

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To: Dave Gore who wrote (4069)6/11/1998 5:13:00 PM
From: Andeveron  Read Replies (1) of 8798
 
>> Not the time to waste on iffy deals. <<

I haven't played a penny in ages but it seems many do. Why take such big risks in OTC pennies when stocks like AMZN, XCIT, SEEK and LCOS are a day traders dream? Granted, there is risk in search engines and internet stocks but they're floating on air and have no near term chance of crashing hard. The future is built into them and they have legs. I play them both long and short and make a couple of points every day, up and down.

Just a thought since pennies can kill your capital in the blink of an eye, and at the mere whimsy of an MM.

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