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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Smart_Money who wrote (85898)	7/21/1999 11:42:00 PM
From: Lola	Read Replies (1) \| Respond to of 119973

LWN. . . every time this stock tries to recover there will be more sellers trying to minimize their losses. Even at the current price there is much more risk than reward. I would buy it when it crashes again maybe at $1US (probably lower if I can get it). Would only consider it to daytrade or position trade... never to hold. The stock got clobbered when a teachers fund unloaded a ton of it. It's been trying to recover but I think it goes much lower before it goes much higher. The only plus for LWN is that many Canadian brokers own this stock at REALLY high prices. They might try to run it up. I think they'll have one hell of a time doing it though. This not a stock to be considered as an investment IMO. Lola:)