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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: wmwmw who wrote (456)3/26/1998 12:02:00 PM
From: Rande Is  Read Replies (2) | Respond to of 25711
 
I have watched it for long term interest for 6 months. Then, Tariq brought it to my attention that it was nearing .25. He started a thread on CAVR. Joe Copia then put it on his website. That is the good part of the story. The bad part is that Tokyo Joe's team of daytraders gobbled it up from .40 to 1.40 and sold it coming back down. They plan on doing same later today. Market Makers will be ready for them this next time.

If you are not an experienced daytrader, my advice is stay away today, or buy under .40 and hold it long term, with no regard for daytrader activity. Just don't get burned and don't get greedy.

Rande Is