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Microcap & Penny Stocks : EROX Corp and pheremones
EROX 0.0004000.0%Sep 26 5:00 PM EST

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To: Terror who wrote (533)12/22/1998 6:21:00 PM
From: daaan   of 562
 
Marcie I am glad you got religion and am buying quality stocks but I am not so sure of your buy high sell low move. There are venture capitalists who have significant dollars in this stock and are not let it go under if possible. Buying at $8 and selling recently is just doing what the market wants you to. The proceeds is not enough to make a meaningful purchase of a blue chip. When I make a mistake like EROX, if I don't manage to get out quick with a minimal hit I would rather hang in, if this size stock recovers it rarely gives you time to jump back in for fear of being burned twice.

I think Time Warner is a great stock (although I can't stand the "Mouth of the South") but I am not sure that it will get to 236 before EROX gets to 4.

Good luck with all trades.

daaan
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