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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: HG who wrote (498)	11/12/1997 1:53:00 AM
From: MrBuzz	Read Replies (1) \| Respond to of 1574

When a stock gets run up you have to realize that there is going to be profit taking! Who in their right mind is going to hold after that news release. The stock price will settle. THE SITUATION DID NOT CHANGE FROM TWO MONTHS AGO TO YESTERDAY. ACCY basically got a golf course to play on and an estimated $100,000 saved through MONY. If you post on Internet bulletin boards, you get exactly what you deserve. You need volume so stop blaming the day traders. They get you to the next level. If you were smart, you would have sold a little and then accumulated IF YOU ARE TRULY LONG. I for one got in at 0.27 Friday and got out at 0.27 Monday. Logic told me that it was headed for a fall after a disappointing news release. If Damian was smart and had the goods, he would of followed that back up with another news release with one or two players to sustain that level. But they didnt and the stock has subsequently slipped over 50%. Hey, if I held to today, I'll would be down over 35%!!!! Try holding on that kind of loss!!!! I too expected better movement and it just wasnt there. I'm satisfied. I didnt' gain. But I didn't lose much either (other than commission). But I will return to play again. Face it ACCYers, the company NEEDED TIME. It takes a year in advance to get a show like this up and running. I think ACCY misjudged their committed schedule. Remember, I was betting based on Damian Lothe's words of "definite Dec1-3" that he was telling me the truth. Well, he didn't. And that leaves a bad taste in my mouth that I have decided to swallow and turn my head to it. It does raise questions of Damians character as a man. I will enter back in again at a price of which I feel more comfortable with. ACCY still has potential and subsequent news releases can only provide a support level for future growth. But don't expect big gains on this until its close to being wrapped up. Expect the terrible day traders. What to look out for? Household name golf players. Big Three or ESPN television coverage. Big name sponsors. Thats a ways out there in my opinion. Let it dribble in and then, just when you are close to the hole, pick it up and say "ITS A GIMME!!!". Good luck all. See ya at the 19th hole in Arizona!