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Strategies & Market Trends : Three Amigos Stock Thread
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To: JJMM who wrote (5398)5/29/1998 1:32:00 PM
From: Phil Jacobson  Read Replies (2) of 29382
 
JJMM,

I sold for a decent profit a few weeks ago. Deals alone does not a company make, particularly a company with no revenue and a deficit the size of Hoover Dam. This is not a good time (generally) to be investing in story stocks. I appreciate the fact that it's gone back up to its highs but I suspect it's due to speculation more than anything else. Just my opinion. Hope I'm wrong and you make a boodle.

Phil
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