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

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To: JC Money - President of a Loca who wrote (42984)1/14/1999 12:31:00 AM
From: wallacestevens  Read Replies (1) of 119973
 
Yeah, i can understand your position. I was on the other side of those trades, and i have made money on CNKT both today and yesterday -- and in November or December when it had its big run. Actually, i've been watching CNKT for 7 or 8 months. I have a better feeling
about it than you do, obviously, and I am long on it right now at 7.

I hear what you're saying about your fears for this stock. You don't sound like a crazed shorter but a rational one. But I still think it's dangerous to short a low-float, low-price stock -- especially one that is in ecommerce and apparently doing well enough to carry a nice list of well-respected clients.

Good luck, but you know i want it to go up tomorrow!
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