Tokyo Joe's Cafe / Anything goes Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: TokyoMex who wrote (3109)	3/29/1998 12:08:00 AM
From: Hawkmoon	Read Replies (1) of 34592

Joe, I have no problem with the companies I have seen picked thus far. Those who bought CAVR may likely see the shares appreciate once more in value once they work out the snags in their business plan. Again, it is how folks go about doing this that is in question. Having a whole group of individuals position themselves into a stock and then announcing to the world that that stock is a "pick" is a formula for eventual failure. People will get wise to the fact that you all have already positioned and are pumping and dumping (at least some will inevitably be). And with this realization, they will shy aware from what may promising companies due to the perception that it is a TM & gang "hype job". (not saying this myself, but the perception will exist) Joe, I'm a lousy day-trader. However, I like to be a position trader in quality companies with promising technology. And I like to think that I could hold on to some of those position trades long enough to reap substantial benefits from only having to pay long-term capital gains tax on the proceeds. And joe... It only takes one disappointing stock for someone to have their reputation tarnished. Enjoy.. and good luck. Regards, Ron

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