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: musicguy who wrote (11145)	4/26/1998 9:06:00 PM
From: KLAW97	Read Replies (2) of 34592

I have watched Wall Street and laughed over the past 5 years. I see stock after stock go up 20, 40 points per year and they are all hyped up stocks. I tell everyone I know not to waste there time in those $50, $60, $70, $100 stocks. Because most(65%) of those stocks are hyped and won't double. And I dare anyone to challenge that statement. People put there money in the stock market as a faster way to double their money. This is all risk. Those high priced stocks go up 10 points, go down 4, up 7, down 5, up 9, down 3,etc... by the end of the year the stock only went up 14 points. Come on !!! those stocks are all jokes. Would you believe, 85% of all fund managers continuously keep recommending buys on those stocks. Then they down grade, Then they raise rating. Come on !!! They continue to invest there millions into stocks that wont double their investment. Then at the end of the year the have a big announcement saying their picks all went up 25% for the year. Come on !!! I can go on and on about stocks that went from $1 -$2 to $7 - $13 at the end of '97. How come those managers didn't buy those. Those stocks went up 700 - 1300% Look at the stocks the managers keep recommending you to buy. Why ? A company comes out with a $.03 earnings for the quarter or the company reports a loss of $.08 but the street was expecting a loss of $.12 and the price goes up 6 point's. There are $5 and under stocks that quarter show a $.02 - $.05 profit but they still trade in that price range. Why !!! Because they don't get the same exposure. That's where we come in. Our volume brings the stock to the streets attention. We only do NASDAQ & AMEX stocks that are under $5 because we want media attention. I think it's about time all those fund managers are on the job supposed to be doing. Find quality growth stocks. How much growth will a $90 stock have?

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