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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: Smart_Money who wrote (79328)6/14/1999 2:16:00 PM
From: American Spirit  Read Replies (2) of 119973
 
Today shows all the signs of a bottom. Totally negative sentiment on nets and some other grow stocks (as if it's that bad). Many nets in freefall erasing "internet frenzy". Some actually becoming "values". Capitulation and over-reaction not so much to bad news but absence of good news. Good news being held back by smart companies right now. Net stocks (mine at least) sitting at bottoms then holding with some nibbling. Everyone waiting for Mr. Greenspan but the fact is it's just the absence of news which makes everyone pessimistic. Everyone knowing these are bargain levels but no one daring to move. Yet.

Perhaps many are like me. I held through this downfall therefore have little cash to spend. Margin calls possible too. But like it always does, this market will turn around. When it does watch out above, just on a partial recovery alone.
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