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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Jetta who wrote (26660)6/22/1998 12:15:00 AM
From: lightfoot  Read Replies (1) of 34592
 
>If you ask me its the sudden "hit" on these stocks that creates what you all call "Market Maker" games. < Then Buy BRK.B it is not marginable.

And that is why you don't buy all at once, if you believe in a stock and enough people also believe in the stock, yes a sudden hit will cause what you call "Market Maker" games. If these "games" are short lived then the market maker wins,IE he sells you stock at $3 and buys it back from you at $1.50. Now if enough buying over time occurs then sooner or later the books have to be balanced and the stock value goes back up. So you really have to plan on buying the dips on some of these stocks for 1-6 months and let a few of these market maker cycles or "games" play out. If you use that approach you will accumulate growth positions over time. I for one am still long on NBET, it will have another day in the sun!!! And I'm sure if it does the Big Dog will be around to mark his territory!! ( Thinking to myself about the Cheech and Chong dog skit!! What a hoot!)
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