Tokyo Joe's Cafe / Societe Anonyme/No Pennies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hoffy who wrote (28543)	12/15/1998 4:56:00 PM
From: Panita	Read Replies (1) of 119973

FYI Recap on today's afternoon action on VRTX......., At the end of one of his afternoon reports Joe Kernan of CNBC mentioned that he would be discussing VRTX later. I took this opportunity to buy at 26. Very few people heard that he was going to mention VRTX because the stock price just moved up a little trading between 26 and 26 1/2 for the next hour or so. When he did mentioned VRTX an hour or so later, the stock price started to run upwards. I place a market order to sell. Other daytraders did the same; People who bought when Kernan's report finally came on went on a panic rage when they saw that the stock price was instead declining; panic caused VRTX to tumble further than what it had been trading prior to the good news released early in the afternoon. At that point, thanks to the panic, VRTX became a buy again; I bought again this time at 24 3/4. quote.yahoo.com Buy on the rumor, sell on the news or buy on the panic, sell on the calm. DAY TRADING 101.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next