MDMI - Italian Bakery Extraordinaire! Message Board

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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: Tod C who wrote (730)	6/8/1998 1:19:00 PM
From: KZAP	Read Replies (1) of 3584

I went back and re-read your post. <<<<<Jon replies: Most of these penny stocks are buy on rumor, and sell of news. Jon, this is your philosophy on today's upcoming pick that you expect will have news on Tuesday morning? That way you can unload your large position that you bought last Wednesday during the run-up.>>>>> Actually both of you are wrong. Or, have the wrong idea of the situation. JMHO Your reply to Jon, would mean Jon should sell on the news. But why would Jon sell when he bought on a run up? This discussion seems to be too vague. If Jon is recommending a buy on MDMI, it is not working today. If we have news, let's say Tuesday, I see the price going up, Not down. So if someone wants to sell into the news, let them! There should be plenty of buyers. JMHO (I'm now confusing myself!)<g> KZAP

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