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: HiSpeed who wrote (13037)	11/18/1998 9:09:00 PM
From: Maakamil	Read Replies (2) of 119973

A note about overnight holds: Don't forget, as a day trader, your increase your risk exposure several fold by holding until the next trading session. Of course the upside is those wonderful gappos. NSCP, MALL - Probably much $$$ to be made by holding out for the full run of this tremendous momentum, but when there's trouble in paradise, everybody heads for the exits, and if it's at the open, you can get stampeded to death while the MM's take care of their best customers first. Remember PAIR a couple of weeks ago? Nice run into the close, with a beautiful gap unfolding the next morning, until some analyst downgraded it right before the open. Came out of the gate about 2 points lower, and headed south from there. Sell some before the close, so you have a profit buffer just in case. Pigs get fat hogs get slaughtered!

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