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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Jim B who wrote (12325)7/21/1999 10:56:00 AM
From: kbert  Respond to of 108040
 
ZOZO on the launchpad

IR firm announced
IR firm posted on SI thread
ZOZO: KABOOM!!!
:)
Archie



To: Jim B who wrote (12325)7/21/1999 11:22:00 AM
From: Jim B  Read Replies (2) | Respond to of 108040
 
jim you sure you want to do that? 50% loss? I'd hold it out..

after all.. the DD you've seen so far looks good and if it does pull a LMKI (went from .18 to $6 and was called by lance) who is also calling WACI now at .10 to possibly do the same (with 1million shares in the float.. the stock can go as high as the market will take it just as it did with LMKI ; similar story stocks)

so I think you should just hold.. yeah it's frustrating to have so much of your money tied up in one stock that you won't be able to really buy anything else.. but it's probably best you slow down a bit anyway... you should have just put most your money into OGPS at $1 as you suggested yourself was a "good accumulation price" and let it ride..

instead you tried to maximize your returns by timing the market with lots of stocks and got burned... during the summer it's just best to buy stocks at the lows or ones with VERY solid DD and hold...

very hard to daytrade during these months.. best wishes to you JimB

jim