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


To: Panita who wrote (5851)4/12/1998 11:16:00 AM
From: John S. Baker  Respond to of 34592
 
> If Tokyo Joe can answer the logic of why he does not post before the market opens, maybe I can understand. <


I don't pretend to speak for Joe, but I do recall that he used to post before the market opened. Lots of people placed market orders before the market opened. The MM's can see all this order imbalance and just jacked the price up before any shares were traded at all. the result was that the MM's made money ... or at least avoided LOSING money and the SA investors gained little or nothing.


I have been following his system for perhaps 3 months now, and have had confirmation in two ways: (1) I've made considerable money, and (2) he picked two stocks I already earned.