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: Andrew H who wrote (6775)	4/14/1998 12:34:00 PM
From: Matthew Cooper	Read Replies (1) of 34592

The reasoning is simple, please don't quote me out of context. I know it is convient for you, but it is a diservice to me. My reasoning for shorting LEAP was because of "Kernan's comments on CNBC and the company's press release stating that they DID NOT know why the stock was going up." I understand that probably have a long position so my opinions don't mean much, but they made me, and others, money. I know that shorters have a stigma attached to them. I know you feel like I am trying to make people who are long loose money, but I am not. I am not even thinking about that. When I see a company with good financails and fundamentals and they are overpriced, I buy low and sell high. When I see a company that doesn't have the financials and fundamentals to support the stock price (AND NEITHER DOES THE COMPANY) I short it high and cover low. That's how you make money. I hope you come out ahead. We are all here to make money. Good luck to you. Best regards, Matt P.S. This will be my last message concerning this. Like I said, I don't want to get dragged into a pissing contest. That is not why I am here. If I post about LEAP again, it will be about the company itself.

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