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

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To: R Hamilton who wrote (10803)4/24/1998 12:15:00 PM
From: Matthew Cooper  Read Replies (1) of 34592
 
Yes, that is why I hang out here. Just watch what everyone says for about a month or so. You will see a pattern with most of the active posters on this thread. Keep track of who says what and keep a log of when they say to buy, etc. You will soon find out who knows what they are doing and who doesn't. TokyoMex, Copia, Furstenberg, and even Big Dog do great DD. I usually go long on most of their picks. But then you have the others on the thread that picks stocks after they have gone up, try (in vain) to hype it up and keep it going. I won't name names, there is no need for that, but once you figure out who's who, it is easy to make money by going long on stocks picked by the good guys, and shorting the stocks picked by the not-so-good guys.

Hope this helps.

P.S. You have to be careful going short. It seems everyone hates shorts because they think that shorts push a stock down, and if they are long... well you get the picture. This usually shows their lack of experience, because most serious investors know you can only short a stock on an up-tick. Most don't realize what they are saying and they end up putting their foot in their mouth.
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