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Microcap & Penny Stocks : Arcon Energy .... Another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (197)	2/1/1998 6:12:00 PM
From: Ga Bard	Read Replies (1) \| Respond to of 626

Andrew, I passed on a stock back last January USWDA. I did extensive DD and I doubted it and went with another route ( as mentioned before). It was trading at .14 then in June it was at .30 - .60 and the meat and potatoes came out in July and it took off to $8.75 over the next few months and is trading presently around $6.43 after some profit taking at the $8.00 target. The longs had a target of $8.00 and they held to it knowing it was going to go up and down. Now that is being long on a stock. Some of those people hung in there and believe in their DD and have made a fortune on it. I even had a meeting with some financial experts, and friends and we decided it was too good to be true. SLAP ME!!! If you look at it and the charting you will see a definite long term stock. Heck I even doubted the additional DD I did in July. Lesson learned I grant you and trust me we have been slapping ourselves royally everytime I mention that ticker. Of course back in May and April I watch some longs get slammed on it. Typical internet reaction DD is hype, hype is DD . Another one is Musicland ( MLG) that went from .60 to $8.00 since March and has gotten written up inthe papers. GRRRR Why did these stocks go up ? Because the stock had a solid long base of investors not traders. AIPN is another one AND I OWNED it at .47 and momentum traded it being like a dummy because it was being touted all over the internet. Slap ME again. One point of interest none of these stocks I have mentioned has a 1.1M free trading float. I hope you see the logic I am using as to why I am so bullish on this stock. Why would I even consider taking any profit before $10.00. It may take months but hey I been in it for 4 now through all the trouble it has seen. I maybe totally wrong here but I have nothing that shows me that I am. The key is believe the DD and let the big dog run. ( Hope I do not look too much like a moron.) Happy Trading GB