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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: herry iball who wrote (464)6/17/1999 5:07:00 AM
From: tylcar  Read Replies (1) of 720
 
Great way to look at it Raptor. As far as I am concerned, once I have done my homework on a stock, I am long. That is, unless something drastically bad has been learned about a company. This has not happened in CAOL's case. Management is doing the job although not as quickly as many would like.

Weak hands fall prey to Market Makers antics. How many times have we seen the bid go down on small sales (if they are indeed sales) and not go up accordingly on buys? Not only here but throughout the BB market. This is no place for the faint of heart!

It happens all the time in "Life in the OTCBBs". The MMs prey on helpless and weak investors during these lulls to load up on cheap shares in anticipation of the next news release.

They will watch and yes, even add to the confusion and backbiting being exhibited on the boards. This is very evident on the Raging Bull CAOL soap opera now going on.

The seasoned, knowing investor holds, the weak move on with less money to supposed greener pastures where they may make money in a few hours. To each his own.

Holding long and strong for the duration,

Ty
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