Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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

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To: WhatsUpWithThat who wrote (85403)	7/19/1999 4:25:00 PM
From: changedmyname	Read Replies (2) of 119973

for disclosure purposes, I did short it at around 3pm today... but this move really was overdone. Being generous, $4 is probably where it will settle for a bit... 2 to 9 in one day is too extreme. The small float is what kept this one up today; people that shorted had to cover right away as it moved higher and it just snowballed. The distribution in the 8's in the last hour probably called the top. Like I said earlier, my guess is that they look to gap it up premarket, then they keep hitting it and open it lower. Jason

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