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

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To: Bald Man from Mars who wrote (23371)12/7/1998 4:44:00 PM
From: Trader J  Read Replies (1) of 119973
 
Baldy: NAVR - You may want to wait for the announcement of the IPO but who knows when that will be. I would consider myself somewhat lucky since the price has doubled from its recent lows. May want to think about selling the opening strength if there is any, and then trade it.

I know its hard to do, but you need to cut those losses as they are happening. So you don't end up with this type of situation. Especially with the Inets. It is tough to do, but if you purchased with the intent of selling higher and it goes lower, then you have already made the wrong decision, dump it and move on.

Much harder than it sounds though. Good luck

TJ
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