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


To: Steve Rubakh who wrote (5959)4/11/1998 10:16:00 PM
From: Weinstein  Read Replies (3) | Respond to of 34592
 
I seriously doubt Big Dog or Joe Copia KNOW what TM's next pick will be. I think they have an educated guess at to what the pick might be based on their own speculation. I also suspect that they might have had an educated guess on IFLY. It wasn't too hard to figure out based on TM's clues.

I also believe that some small group of TM's friends might get the plays before the rest of us get the emails or see the posts. I, however, do not have a problem with that. It's his pick, it's his thread, and we just follow. . .blindly and by choice. No insult intended, but we simply wait there with our fingers on the buy button for each pick to come out. There is simply no time to do any type of DD or even fully read TM's rationale. We just look for a symbol and put in a buy limit order for thousands of shares.

And, not to mention, we make money as well. Do I think TM sells on the frenzy, I sure do. You bet he is making money, but so are many of us.

As for Monday's pick, I think many people are speculating on what it may be. I, for one, have at least three stock that all fit his clues very nicely. If you do your own DD, if you want to, you will know that there are only about 85+ Israeli companies that trade on the NASDAQ, and most of them are high tech. Am I putting in buy orders on them now, I haven't decided yet. I might just wait for TM's confirmation on Monday.

In any event, if TM is correct, there will be enough action for almost everyone to get in and make money. The amount of money will simply vary according to when people get their orders executed and when they decide to sell. Some will make more money if they happened to "guess" correctly. However, aside from TM himself, and perhaps some of his close friends, I doubt Joe Copia or Big Dog have yet to purchase any of their "guesses." My feeling is that, like me, they have some educated guesses and MIGHT put in a modest order on Monday on one or some of them. It's what I would do.

Well, all this is my opinion. If you would like to privately dialogue on what you think the pick might be, I would love to hear how you went about narrowing down your choices. I am more interested in the thought process rather than the actual companies, because, like I said, I will probably wait till TM makes his public release.