Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 186.49

-0.6%

Dec 31 3:59 PM EST

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To: Trader J who wrote (14409)	5/11/1999 1:46:00 PM
From: R L	Read Replies (1) of 56535

TJ:>All: Anyone following any particularly compelling stories today?< MGCN:otc:bb I don't like stocks on the bulletin board whose price can be manipulated unmercifully as this one has. I don't like a business model based on multilevel marketing which this one is. I don't like having to depend on Vancouver based promoters for price movements. I'm in as of this morning at 1 15/16. After pushing back the date of their website opening several times MegaChain is due to be online tomorrow. There are at least 2 and maybe 3 newsletters who will make sure this news is well disseminated.The promotion team will do their part.The price has come back under $2 as fast money left during delays in getting online. I am looking for 33-50% short term and will exit. There are those who think the company has a bigger longer term future. I'm not so sure but it looks like a quick trade for speculators who can monitor it. Investors beware. Just an idea on a slow day. Regards, RL I hope I haven't overhyped this one.

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