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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?


To: Jim Bishop who wrote (505)8/7/2000 11:44:50 PM
From: ISOMAN  Read Replies (2) | Respond to of 1426
 
Hello Jim (the most trusted man in the Universe, and he is an evil Canadian (like MOI) who can short anything to death (it's true, cause I saw it written on Raging Bull) Bishop.

I figured out what people mean when they say they can't afford the $100 stocks, or $50 or $20...but they can afford the 1 cent stocks....

I figured it out..

Not TLC

Not Janice Shell

Not Pugs

Not even, dare I say it, SJB...

The reason they can't afford the $100 stocks....

Are parties...

Yes you read that right...

The party...

Our hero Goes to a party and is talking to a nice Swedish Stewardess named Gretchin who is 6 feet tall with...um...nice magumbas....

And she asks "what do you do for a living?

"Oh I am a trader in the stock market " Our hero says..

"what do you own?" Gretchin inquires, her keen business sense (read greed) kicks in

And Our Hero answers:

(a) "Oh I own 5 million shares of SNTS, sani tech industries. Have you heard of them?

or

(b) I have 3 shares of GE

It's all about the parties man...



To: Jim Bishop who wrote (505)8/13/2000 4:16:51 PM
From: Janice Shell  Read Replies (1) | Respond to of 1426
 
Then there are those that say things like "I can't afford anything over $1 or $2."

I know. That's one of the mantras of the penny stock "investors". The junk they buy is "affordable".

I've found it impossible to explain to them that the price of the stock in question doesn't matter. Well, as long is it isn't Berkshire Hathaway, at least.

The truth, I'm afraid, is that they're all looking for that ten-thousand bagger. And when it comes, they want to be sure to have at LEAST ten thousand shares.