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

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To: BarbaraT who wrote (10329)4/23/1998 1:01:00 PM
From: Rose Rose  Read Replies (2) of 34592
 
Barbara -- no apology necessary, you brought up a good point, and I should have clarified earlier.

I was one of the ones who brought MAXX to everyone's attention yesterday. I bought in early and was so hyped at the rise that I didn't even think to do any DD until this morning. As soon as I saw how poor the financials were, I put in my sell order and posted here (don't remember the number of the post, but it was shortly after the market opened) that I felt anyone still holding should get out.

I personally would never hype a stock that I felt was overvalued. I did feel that MAXX would be a good short-term play, even after discovering that the company was on shaky ground, but I'm pretty sure I cautioned everyone that the financials were pretty awful and that I didn't think the momentum would last.

Good luck,

Rose
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