Tokyo Joe's Cafe / Societe Anonyme Message Board

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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: JEB who wrote (8752)	4/21/1999 11:27:00 PM
From: foolthis	Read Replies (2) of 8798

NVDC & TokyoeJoe I took the time and money to join TokyoJoe's Societe Anonyme. In the few weeks I was a member I discovered that most of the members act like lemmings and jump on a stock after TokyoJoe, or as they call him TM, buys a stock. Invariably he sells and doesn't tell them until after he's out. I also discovered that TokyoJoe is not really a trader who goes long or short stocks depending on what the market is doing. What he really is, is someone who has made a lot of money buying inets and never shorts them. As a result he lost and his members lost a lot of money on Monday. Hopefully his members had the courage to stick with the stocks through this downturn. When anyone questions him, he calls them schmucks, and his cronies in the room jump on the questioner and berate and redicule them. This last week on Monday when NASDAQ was down dramatically, I asked TokyoJOe why he was still long the inets and why he hadn't gone to cash or shortd those inet issues. He went nuts. He said he would "piss on my face" and short NVDC and bury it. Send it back to $7 a share. He knows I have a large position in NVDC. 100,000 shares. I had started shorting AMZN, DCLK, YHOO on Thursday of last week and covered my shorts on Monday. I then went long on Tuesday mornings blowoff. NSOL , NITE, and AOL. Got lucky made good money. Trading the way a trader should with stops and all. Net result they may have been shorting the stock in the last couple days. I hope they do short the stock and drive it down so I can acquire more at lower prices. I doubt they short much because it is difficult to borrow the stock to short. This may explain why the stock has been down and not participated in the latest inet recovery. It is all very short term. The company is doing great and I hope TokyoJoe shorts and keeps his short in the stock so I can relieve him of some of his ill gotten gains.

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