CAOL: The Chinese AOL and Internet Lottery Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CAOL: The Chinese AOL and Internet Lottery

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Eagle who wrote (414)	6/3/1999 12:54:00 PM
From: Dave Gore	Read Replies (2) of 720

WLGS was manipulated down and then went from .20 to $4.00 FTRK was manipulated down from $2.00 to .18 then manipulated back to $1.375 (i.e. MM's created panic selling AND buying) SHAL went from $4.00 to 2.25 then hit $20. NUKE was manipulated down from $1.25 to .11 and now is back to $.75. IGHS was manipulated down from $2.00+ to .50 or so and back to $3.00. and so it goes over and over. THE INVESTING WORLD TODAY IS COMPLICATED AND requires a cool head and a strict adherence to continued analysis of REWARD TO RISK ratio. Short term thinkers or those wanting to "get rich quick" will often believe bashers or naysayers (who have never proven themselves to be accurate perveyors of information) and SELL. These same people will also believe Hypesters and BUY a stock with way too much money without doing DD. They buy too quick and sell too quick. Many people get nervous if news does not happen quick enought for their liking, when they have NO idea of the intricasies of running a business, or how sometimes good news takes the longest to make happen, especially if the CEO is proceeding prudently. Market Makers, who most of the time DO create an orderly and fair Bid and Ask will sometimes really manipulate a stock, because they can and because they want cheap shares for the eventual run-up later or to cover their short positions at cheap levels. It's complicated folks and it is very hard to have to wait for stocks to realize a good or great return. It's takes continual analysis of a stocks current REWARD/RISK ratio and then patience, imo. When CAOL was maniplated down to .25 x .34 yesterday, it made the REWARD TO RISK ratio look real good.....real good to me. LOL! I just wait and take advantage and keep doing my own DD. There are always risks in the BB and sometimes the biggest risk is NOT doing your own DD.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next