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

To: darline cook who wrote (94008)	9/7/1999 10:47:00 PM
From: PartyTime	Read Replies (3) \| Respond to of 119973

Darlene--I too got burned badly by a penny stock. I'll never let that happen again! What I do today is only trade open market IPOs, buying as close to the opening trade price as possible, and then selling into strength 50 percent for quick profits. Eventually, as it continues to rise, if I like the stock, I'll sell 30 percent, leaving 20 percent behind for the ride. If I'm not sure about its prospects, I'll sell the remaining 50 percent. Never take more than a two-point loss in anything! During the course of the 30-day quiet period, the stock will likely dip again. If you can read the low point and you know the stock is prospective enough, you buy back in and play the rise which results from investors anticipating "buy" and "strong buy" recommendations at the conclusion of the 30-day QP. That's where LIOX is right now. Good luck to ya!