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

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

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To: JimBeamII who wrote (36557)	12/30/1998 12:08:00 PM
From: BarbaraT	Read Replies (3) of 119973

GEND .. I remember selling SKYM on it's way down from 20 and out at 12. Then it went down further and ended the day around 19. Then the next day even further. This one will go .. great deal with Excite. This is year end selling today. I am guilty of it as well. People are trying to lock in gains and tax losses to have their taxes in order. Tomorrow will be another crazy day - IRS changed the ruling so that gains/losses are as of the "trading" day rather than "settlement date". Can't even get through to the broker . was on hold for 1/2 hour and they said it will happen again tomorrow. Works both ways, according to the broker - gains and losses all being locked away. Gains to dress up year end results/ losses to offset gains.

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