To: keith massey who wrote (1922 ) 11/16/1999 1:57:00 PM From: Condor Read Replies (3) | Respond to of 5053
Keith, as I mentioned yesterday I was tied up all day in a stock that went ballistic on me and I want to tell the story on the thread for all the obvious reasons. I held a fair number of shares in a company for about 7 months that was expected to make a move in its business plan. The stock vascillated around the $ .90 to 1.15 area for months while all us believers held on, fell asleep, eyes glazed over etc. Well lo and behold the company not only made a move, it slammed down its entire business plan in one royal flush and the stock moved from 1.40 to 4.50 in two days and is gathering its breath at the 3.90 to 4.00 area as I write. I had thought of selling it out about 2 weeks ago out of sheer boredom but didn't, thank God. The main reason I'm relating this story, other than bragging:o), is that as I was actively working with it yesterday, I noticed the similarity between it and our Jordy. That other company by the way is near an IPO trading start also. Anyhow, my point is that it was a penny stock that was doing its homework, announcing nothing, stock price quiet and then PLOP !! there it was. The market reacted very strong. I might add that it had nowhere near the following of JDX. The sad part is I told Crazy about it Monday a.m. by PM at 1 5/8 and then PM'd him back right away because I was afraid that maybe I was over reacting to it. I dont know if he got in but I think not since I haven't heard from him. He's going to kill me. So, come on JDX dump that grand slam on the table . P.S. The symbol of the stock I'm talking about is PLCOP. You will find the thread at simply PLCO. I will say that I wouldn't recommend it (at this time anyhow) since it moved so hard so fast. Consolidation needs to take place and anyways if you're going to spend money, I'd definitely recommend you-know-what as a better investment. And YES I'm a real Happy Camper. :o) Regards C