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Microcap & Penny Stocks : ICVI (now MTEI)
MTEI 0.002400.0%Dec 8 11:13 AM EST

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To: Sequoia Holdings who wrote (9856)6/8/1998 7:20:00 PM
From: Jules  Read Replies (4) of 11850
 
A friend of mine belongs to an investment club via AOL. He was told by email that the reason ICVI went down so much today was because certain individuals on this thread, who will hold in high regard , took their profits in order to free up cash to invest in another "pick".

If true...i have no problem with profit taking, but do find it wrong to do it while telling other people to hang in there. What it comes down to is risk. A lot of these people on this thread can afford to put up large amounts of money to invest, so if they lose a little here or there no big deal. But its people who have a fixed amount to invest who get hurt.
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