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Microcap & Penny Stocks : CMOZ, next cmgi

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To: K. Kornelson who wrote (153)1/26/1999 7:57:00 PM
From: Toby Zidle  Read Replies (2) of 947
 
I bought into CMOZ yesterday at $13/16. I see that there are a couple of very vocal doomsdayers on this thread. Of course, just about every BB stock has doomsdayers. I can read them or ignore them as I see fit.

I am impressed by the big volume and percentage gains of the past two days. The stock looks fine technically.

Now maybe CMOZ is a con game looking for shareholders to victimize. Maybe. But if it is, I still know the most I can lose: $13/16. On the other hand, I don't know the most I can win! Perhaps several hundred percent! Maybe.

Anyway, I concur with your viewpoint. If I lose, I lose what I can afford to lose. If I win, GO team!! But at some point I will be selling. And, considering probability distributions that have fixed downside limits, the odds tell me that I will make money.
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