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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Olu Emuleomo who wrote (21065)7/24/1998 5:49:00 PM
From: Tim J. Flick  Read Replies (2) of 31646
 
The best laid plans?
I was a very short term investor in Tava today having purchased some $8 1/8 and $8 stock only to be stopped out 5 minutes later at 7 3/4. Stock tumbled as many stops were elected and panic set in. I was frankly surprised that it was able to close at $7 3/4. Now the waiting game starts. What has always fascinated me is the fact that this stock is now back into an area that many on this board said it would never see again. Based on the news of the past 6 months the fundamentals of this company are much better today than they were 6 months ago. So why is this stock going down? For those of you that are new to the investing scene and those that are old pro's, there are lessons to learn here. Remember, it is ok to make mistakes, just do not continue to make the same one's over and over. Small cap stocks that have little investment firm/analyst/ Wall Street coverage are trading stocks 95% of the time. If you think that you can get into that 5% that should buy one of these unknown companies and put it in the lock box you will sleep in the streets 95% of the time.
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