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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: TokyoMex who wrote (2482)3/26/1998 1:17:00 AM
From: J.Claudio  Read Replies (2) | Respond to of 34592
 
Joe, considering your thread has suddenly gone silent I'm going to assume everyones either in bed, or are now doing their DD on this stock. Remember I'm a technician, I often know very little about the fundamentals of the Co's I buy. Very time consuming. I like other technicians believe if the fundamentals are good or improving it will be reflected in the stock price (on the chart). Frankly the No# for this Co. are probably not that good, however look at the insiders,,,buying all the way down. The chart my friend will tell you everything you need to know. From $5.00 to .62 on the monthly chart without a bounce and its just turned around. Thats exciting. Imagine what the shorts made on that move, I wish I had the short interest for the month to really get an idea how far this thing could go. Heres a little info

Avg daily volume 71,000 - Shares outstanding almost 9M - Float is 5M. I think short interest here is important. If anyone knows please post.

Sorry I couldn't be more helpful.

J.Claudio