Silicon Investor (SI) -- The First Internet Community

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.

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

To: Magic RN who wrote (90401)	8/23/1999 4:56:00 PM
From: TsioKawe	Read Replies (1) \| Respond to of 119973

Magic one, always use tight stop loss limits...PRFM looked good into the close with more upside potential. If Jason didnt mention it here I wouldnt have even known it was moving..Got in at 23/32 with limit set at $3..Looks to be moving in a genesis. If the stock hadnt traded at least 3X average volume on todays move I would have sold it all. But seeings how the volume was there I held for higher gains. (I think). Always need to preserve our capital reguardless. Goodluck my friend. TK

To: Magic RN who wrote (90401)	8/23/1999 5:05:00 PM
From: If only I'd held	Read Replies (1) \| Respond to of 119973

What gives?? First off, Jason said he would be taking profits if it broke thru 3 to lock in his profits. According to my chart, that didn't happen. Second, he only picks 'em. He doesn't guarantee them. Third, we are all subject to change our mind at the drop of a dime. Crap, at least he advised on how he was going to play it. You probably shouldn't play anything from this board until you have a better understanding of trading and trader mentality. I don't know what the heck some of you people want. Isn't it enough that he pointed the stock out when it was in/around the mid 2's and gave a detailed explanation of why he thought it should go up. That's better than you get from most of those clowns running around Wall Street just saying "strong buy". Maybe you should trade around their recommendations for a few weeks and when you are finished losing all your money, Jason will seem like a genius to you. Lighten up dude.

To: Magic RN who wrote (90401)	8/23/1999 5:07:00 PM
From: If only I'd held	Read Replies (2) \| Respond to of 119973

One more thing. Everybody knows he usually sells too soon. <gg>

To: Magic RN who wrote (90401)	8/23/1999 5:20:00 PM
From: Rock_nj	Read Replies (1) \| Respond to of 119973

PRFM did fine today. It stayed above 3 all afternoon. Not a pump and dump. Do your DD before buying a stock and only buy if you are convinced the risk/reward is worth it.

To: Magic RN who wrote (90401)	8/23/1999 6:16:00 PM
From: BarbaraT	Read Replies (2) \| Respond to of 119973

Magic .. guess I'm the only one who agrees with you. Yes, it is in my opinion a classic P&D. When someone prints more than 20 posts in one day about a particular stock, that certainly classifies as a pump. When that same poster says he is long for the week -- and then decides to sell and states he is doing so, well 1 point for honesty, but that's a dump. But still and all, many people bought believing that "he" was firm in his belief in the stock for at least a week. That is the only reason some people get in while a stock is running ( and sometimes near it's highs while the pumper is selling into the buys). This is a typical Tmex type situation, and obviously he has many students of his methods. If they can buy something, pump it up stating to be long, then sell it stating to be long on something else - they can make a lot of money with their following. No sour grapes for me on this one, thank heavens, since I was burned sometime back when PRFM was pumped on the threads and I got hurt buying high and selling low (but higher than current prices). Have to know the source. If you can get in during the beginning of the hype, just know to dump early because the ones who bought before the hype are going to do that very same thing ... leaving a lot of people holding the bag! What's the saying - "buyer beware".

To: Magic RN who wrote (90401)	8/23/1999 10:53:00 PM
From: CrayUSA	Respond to of 119973

Carole, I am still holding PRFM. I had it on my watch list and when it was mentioned and started to run I jumped on not wanting to miss a move. This stock is undervalued and should move significantly. Having said that,, if I don't like the volume, movement, market, etc..I'm out. On Jason,,it has been my observation that he does jump on and off quick. I think he has always been straight forward and open that he likes to lock his gains. He trades and scalps a lot. He also finds a lot of good picks. One I benefited greatly from was EDGR. He alerted at around 8 1/2 and sold about 10. I ended up selling around 16. Locking gains anytime is not a bad idea. I've been burned many times holding to long to see a profit go to a loss. On the other hand sometimes you can win big by holding longer. Take what people give you and absolutely believe no one fully. This can be a quick game and people do change their minds quickly. Do your own DD and use your instincts. On this thread everyone wants everyone to make money. Cray