Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: TraderGreg who wrote (1916)	5/6/1998 8:49:00 PM
From: FARRIS	Read Replies (1) of 25711

Trader, Read what has happened and try to ignore the CNBC thing. THis company has just backdoored its way into China. I am quite familiar with this process as I own two other stocks that have done the same thing, thus far to good success. Today's volume was not based on the chance that the CEO would be on CNBC -- 5.1 million, most of which went at or about the .20 range is not JUST a bunch of Internet folks buying in IMO. This root is a very big deal over here in the Orient -- BIG MONEY! If this company has it and can sell it effectively in this part of the world -- look out. The fact that CNBC had anything to do with RMGG says this is VERY likely a legit company with great potential. I love to trade when the opportunity presents itself, but I will hold on for at least another day with what I have to see if the buying continues -- I bet it will. Eric

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