Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: hoffy who wrote (5915)	10/10/1998 8:41:00 AM
From: ChrisJP	Read Replies (1) of 119973

Hi Hoffy, Based on RNTK's closing price, you were right to sell at 1 3/8. I posted my thoughts on the RNTK thread. Having said that, anyone who wants to buy RNTK at these levels has 3 months or less to do so, IMHO. After that it becomes a very boring company that will makes its long term shareholders a TON OF MONEY. Joe's got this one pegged. If he's holding a core position, then you should too. Do you really see RNTK trading much below 1 between now and February (when they publish their 10K) ? Do you think RNTK will do anything except make ever increasing amounts of money in 1999 and beyond ? I know this strategy goes against day-trader philosophy, but how about dollar-cost-averaging into RNTK over the next few months ? Buy 1/3 in the next week or two, 1/3 in late DEC, and 1/3 in late JAN or early FEB. This will protect you from any herd mentality panic sell-offs, possible tax loss selling, and any further conversions (if any). Then sit back, read about RNTK's stock price in the newspaper, and make a bundle ! Sounds like a plan. Good luck. Chris

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