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

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To: American Spirit who wrote (79385)6/15/1999 2:29:00 AM
From: If only I'd held  Read Replies (2) of 119973
 
Look for October levels in some of these issues. AMZN, DCLK, EBAY, AOL, etc... They still have a serious butt-whippin ahead of them in my opinion. The problem is that they are dragging other things down with them, as traders close out more favorable investments to avoid taking the loss on some of these issues. Let me tell you, they are just digging the hole deeper by doing that. But who am I??? Margin calls are going out all over the place. Once these traders get wiped out, they won't be around to bounce this market. Just when you think they can't go any lower.....

AOL could go to 5 and still be expensive in my opinion.
EBAY could go to 50 cents and trade at 1x revenue.

I've got a couple of stocks that trade at 1/2 their revenues and have small floats. I feel OK.
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