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

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To: Shoot1st who wrote (27709)6/27/1998 2:01:00 PM
From: lightfoot  Read Replies (1) of 34592
 
Interesting conversation this morning. I have only been in on one Big Dog pick recently NBET, and should have gone with my first instinct which was NOT. However I got caught up in this great news hype, and figured what the heck I'm up so I picked up a small amount. I did my DD, and the company looked good, what I wasn't thinking about was the governments bill to regulate and limit gambling. What concerns me is the big news that Big Dog talked about. There hasn't been any, why?? who knows, who cares. Has the credibility suffered, Lets just say I haven't bought anymore picks. Is it Big Dog ? I tend to believe that it may be more the MM's response lately to anyone's picks it is pretty clear to me that they are taking advantage of the hype in a big way. The last few picks anyone has made seem to go the other way immediately. Is everyone a hype, I don't think so, do the market makers short all public picks? Yes in my opinion, why not, there is just not enough buying volume anymore to keep things going.
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