Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (7807)	9/9/1998 7:36:00 PM
From: hoffy	Read Replies (2) of 25711

DACQ. What a classic pump and dump stock. Starts at .005. Gets a recommendation from a newsletter. Goes up 150% and then closes down at .004, lower than it actually started the day. Now most of the people who bought after the recommendation are down 50% or more and will be stuck holding a loser stock. You can bet the people who put the recommnedation out were in the stock yesterday and have already sold and made their 100% profit. The only way to win with these stocks are to be in them early and out very quick. I feel sorry for the people who got caught up in the frenzy and are now out half of their money. This is definitely a classic case and a good learning experience.

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