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

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To: Triffin who wrote (37347)12/31/1998 12:42:00 PM
From: Mark[ox5]  Read Replies (1) of 119973
 
There ya go trying to do math on an internet stock.

Someone did an analysis on the Yahoo thread and if MKTW goes to $50 they said DBCC is worth $16.

Well looks like they were wrong...

Just like people who say AMAZON should be worth $35

Maybe those people are right, but right now its SUPPLY AND DEMAND. 19M shares SUPPLY...demand will be determined next week as we hear about MKTW on CNBC countless times as the first "HOT INTERNET IPO" of 1999.

Not ripping on you, just dont understand why people even bother to do "calculations" of true worth of internet stocks.

P.S, Anticipate a pullback of DBBC when it hits $20... psychological barrier and a lot of daytraders will exit there

Mark
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