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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: gordon gecco who wrote (12561)4/27/1999 11:24:00 PM
From: Alan Coccio  Read Replies (2) of 15987
 
GeeGee, I feel honored that I can kill a stock just by mentioning it. That's a power I wish I knew I had but now thanks to you I've got a new tool to use. I can mention a stock and then short it since I've got "the kiss of death." Wow! What power!

By the way, if you mean mentioning stocks that are going to gap in the morning, my track record is fairly good on those. And my predictions of which stocks are going to tank and present a bounce opportunity almost always come true. In fact, I make my living on that play. So do a lot of other people. Almost every stock that moves up too fast will regroup at a lower price before starting back up. That's just the way the market works. That's the way the market makers replenish their stock supply. They pick up cheap shares and then run the price right back up which beats the hell out just making money off the spread.

Somehow, I don't think I really have the power to make a stock price go up OR down. And I know you don't really believe that either.

Alan
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