SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HG who wrote (498)11/12/1997 1:53:00 AM
From: MrBuzz  Read Replies (1) of 1574
 
When a stock gets run up you have to realize that there is going to be profit taking! Who in their right mind is going to hold after that news release. The stock price will settle. THE SITUATION DID NOT CHANGE FROM TWO MONTHS AGO TO YESTERDAY. ACCY basically got a golf course to play on and an estimated $100,000 saved through MONY.

If you post on Internet bulletin boards, you get exactly what you deserve. You need volume so stop blaming the day traders. They get you to the next level. If you were smart, you would have sold a little and then accumulated IF YOU ARE TRULY LONG.

I for one got in at 0.27 Friday and got out at 0.27 Monday. Logic told me that it was headed for a fall after a disappointing news release. If Damian was smart and had the goods, he would of followed that back up with another news release with one or two players to sustain that level. But they didnt and the stock has subsequently slipped over 50%. Hey, if I held to today, I'll would be down over 35%!!!! Try holding on that kind of loss!!!!

I too expected better movement and it just wasnt there. I'm satisfied.
I didnt' gain. But I didn't lose much either (other than commission). But I will return to play again.

Face it ACCYers, the company NEEDED TIME. It takes a year in advance to get a show like this up and running. I think ACCY misjudged their committed schedule. Remember, I was betting based on Damian Lothe's words of "definite Dec1-3" that he was telling me the truth. Well, he didn't. And that leaves a bad taste in my mouth that I have decided to swallow and turn my head to it. It does raise questions of Damians character as a man.

I will enter back in again at a price of which I feel more comfortable with. ACCY still has potential and subsequent news releases can only provide a support level for future growth. But don't expect big gains on this until its close to being wrapped up. Expect the terrible day traders.

What to look out for? Household name golf players. Big Three or ESPN television coverage. Big name sponsors. Thats a ways out there in my opinion. Let it dribble in and then, just when you are
close to the hole, pick it up and say "ITS A GIMME!!!".

Good luck all. See ya at the 19th hole in Arizona!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext