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

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To: J D B who wrote (27641)12/14/1998 11:48:00 AM
From: JustInTime  Read Replies (1) of 119973
 
>>I think that when he says this trade is for experienced daytraders only he's in effect saying that if you don't know the pattern of this trade in advance then you shouldn't be in it. the pattern is a run too fast to get on unless you're placing market orders (this is what the inexperienced do in haste),

Yes, but if it wasn't for the inexperienced people rushing in w/orders, than the experienced people wouldn't be able to make any money off it either, that is the only reason that the price gets driven up in a matter of minutes...I for one stop playing these silly trades. I made some good money on some and lost a little on others, but really its just more of a distraction that it is really worth.
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