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Microcap & Penny Stocks : GIFS

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To: Big Brother who wrote (4782)4/23/1997 12:49:00 PM
From: Bob Wolff   of 8012
 
It's not a wrong or right. It's a rumor. Just that.

BB, all of us are going through the same thing - fear, uncertainty and doubt (FUD). Some express their FUD here; others don't. Some express it one way; others another. I tend not to express it at all, but then I'm also trying to help maintain a balance among all of us.

Believe me, I understand losses and FUD. In my speculative portfolio, GIFS is down (on paper) 18%, another stock is down 25%, and three other speculative stocks that are down 40%. Only one is in the plus column as of noon today. AND, in my "blue chip" portfolio, my investments appreciated 17% since last August UNTIL the correction started. Now I'm up about 1.5%, but only because I'm shorting two high PE stocks. Without them, I'm down about 2%.

Bottom Line: Hang in there. You'll not alone in this adventure. The "rumor" isn't necessary for GIFS success. I see it more as a counterbalance to our FUD, making it easier to deal with. Something like icing on a cake IF it comes about.

And the adventure continues...
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