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

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To: TokyoMex who wrote (19305)11/30/1998 10:21:00 PM
From: Rande Is  Read Replies (1) of 119973
 
Joe, thanks for assessment of recent activities. I suspect many of us wished that we knew when you decided to go cash, but I imagine that is the sort of info you give on your paid site [still not a member yet].

Sometimes it is difficult to know when we are trading like pigs or like hogs [reference to your uncle's saying]. The hogs definitely got slaughtered today.

I sense another bear trap coming this week. "Let those internets roll, then pounce all at once and gobble up the spoils," is what I imagine them saying.

I think I am going to take refuge in the pennies for a while. Some really good companies were terribly beaten down this year and deserve a little rebound. If we stay away from the "popular" picks, we may be able to continue some exuberance in the face of a declining mkt.

Would be interested to hear more of your views on this.

Glad you made out so well today. Silence from many writers speaks volumes.

Rande Is
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