Richard Ney and the Wall Street Gang Message Board

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Pastimes : Richard Ney and the Wall Street Gang

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To: Winstonwolf who wrote (164)	2/13/1998 4:53:00 PM
From: BenYeung	Read Replies (1) of 492

A small coffee chain store called New World Coffee and Bagels (NWCI) is on top of my turnaround list. 50% growth and increasing profitability. But I didnt like the charts. I have been telling people on the Yahoo board that this stock will go down to 1 - 1.5 from 2 bucks using charts, and as you might imagine, I was flamed left and right. After the stock went from 1 21/32 to 1 1/2 yesterday in normal volume, this stock went down to 1 1/4 on 10X volume with no news. So I bought in today finally and see if the MM will launch the stock next week (I believe the earnings in due next week). To sum up this story, I have to say that patience is a virtue and timing is everything in the stock market, because the invisible hand in the market will take the stock to wherever it goes whether I buy or not. I waited 3 1/2 months (followed this company since November) for this stock to go down to my buy range. Black Friday, uh? Actually, today aint so bad for me. I just got an offer from a well-known market research firm this morning, starting next week. YipPee!!!

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