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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?

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To: Ben Marfield who wrote (353)7/21/1997 1:05:00 AM
From: JR   of 619
 
What is a wiseman?

A daytrader, trying to capture $.25 on his shares?
A speculator (hedge player) playing LENP against LXPYF with maybe a currency transaction thrown in for fun?
A buy-and-holder laughing it up on good days, pulling his hair out on bad?
A technician who just thinks he might make a couple more points elsewhere?

What is a wiseman?

All of the above? None of the above?

A wiseman recognizes and understands that the market is a casino, and he knows he is one of many players, all with different systems. And he accepts that with every roll of the "trade" there will a winner and there will be a loser.

JR
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