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: john david martin who wrote (19278)	11/30/1998 9:48:00 PM
From: ChrisJP	Read Replies (1) of 119973

>> I believe Joe was touting IFLY several months back and I see it's finally starting to move any thoughts? << I posted this on the PTVL thread. For anyone interested: Cover story in this weeks US News & World Report, page 44, has a nice graph from Jupiter Communications indicating 29.6% of all e-commerce goes to travel ! Hope this bodes well for PTVL. My story so far: Tried to buy last week @ $16. Didn't get filled. Tried again on Friday and got filled @ 19 7/8. Sold in the 24's. Bought again before Friday's close @ 23 7/8. Figured Monday's buying would last AT LEAST 1 hour, not the 10 minutes it actually did. Schwab kept kicking me off. Before I knew it PTVL was at 26 and heading down. Sold @ 25 3/8. Was expecting to just watch and keep moving up my stops as PTVL traded in the mid and upper 30's. Bought back at 18 3/8. Sold at 21 1/4. Bought at 20 3/4. Still holding. I debated selling during the inevitable short covering rally near the close, but decided to hold for now. I'm sure the shorts smell blood and will drive it lower, but maybe that will be an opportunity to "average down". I'm sure by 11am tomorrow, I will wish I had listened to Tim's advice to sell at the close, which has been my approach since July. Oh well, PTVL doesn't look like it will go much below 15 ... Hope everyone else survived today's craziness. I had to deal with this AND a day job ! Regards, Chris

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