Tokyo Joe's Cafe / Societe Anonyme Message Board

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

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To: TokyoMex who wrote (693)	5/31/1998 9:04:00 AM
From: Rande Is	Read Replies (2) of 8798

By special request: 10 STOCKS I TRY TO AVOID: 1. . . Vancouver based - "Penny scam capital of the world" 2. . . Denver based - Was "Penny scam capital" until SEC broke it up. 3. . . Las Vegas casino related - all bets are off 4. . . Nevada corporations - For 200 bucks anyone can start one, and sell stock. [Please don't though] 5. . . Oil and metals stocks - Established by greed. Rarely share wealth with stockholders. Expensive to keep drilling/mining, while waiting for a strike. 6. . . Small film or record companies. Often raise capital by selling shares. Highly competitive market - few hits. Better odds to buy lottery ticket. 7. . . Reverse mergers of dormant shell companies. Starting a new company from a failed one is like painting a beat up AMC Pacer. 8. . . Overseas assets or revenues which cannot be verified, short of hopping a jet. 9. . . Cautious on Dallas, Palm Springs or South Florida based [greed/scam factor] and all Canadian based OTC [scam history]. 10. . .Large reverse split [1 for 5 or more] in corporate history. Seems addictive. Repeat after me: reverse then dilute then reverse then dilute. Rande Is

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