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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV -- Ignore unavailable to you. Want to Upgrade?


To: REB who wrote (186)4/13/1998 2:02:00 PM
From: Mr Metals  Respond to of 1364
 
Hi REB

I find myself sad again to see it up to .51 this
morning.


We feel great. I don't think it's to late to take a small investment in NUKE-IT.

Mr Metals

PS. Please don't tell us that you bought the stock at $2.00 because you couldn't handle it anymore. I've been there and done that myself.



To: REB who wrote (186)4/13/1998 2:59:00 PM
From: Trumptown  Read Replies (2) | Respond to of 1364
 
Welcome, you present an interesting dilemma and some excellent points/questions. In my experience, buying this stock was not typical. Since there was such a spread, my first few buys were at market (in the low 20s). After more research, bought again at market (low .30s). My last purchase was a limit order at 3/8 (was lucky to get it). If this company ends up partially filling it's potential, a few pennies difference at this point will look minor. If things unfold as planned $3 in a few months should be easy.
However, if they don't then it will pull back (dramatically)...that's why you can still buy it for .50 a share. If there were no risk, it would be $5

Thanks for the post on the IEC website. Do you know if there is any connection between that site and NUKE?

<A couple of notes: If Rhombic holds the patent on the spherical and cylindrical designs why does it seem that everybody and there dog are working on similar designs?>

That may be the case, but usually the first to market wins that race. A JV with Daimler Benz is significant.+

<Not one to say that it will never happen but, according to this paper the energy output to input relationship of an IEC device is Energy Out/Energy In = 10^-10.>

Reread the context of the way that was presented on the web site. Something to the effect of "since it is currently an energy consuming device..." Key word is currently. This implies they may be able to change that with a refinement or breakthru...

Just my 2 cents! Good luck...



To: REB who wrote (186)4/13/1998 9:18:00 PM
From: CLK  Read Replies (1) | Respond to of 1364
 
I will answer your question to the best of my ability. I started trading stocks in l968 and in the first year I never lost on a trade and that continued thru l969 but in l970 I seemed to lose every time and that is how I learned the difference between a bull and a bear market. Part of my answer is that you learn by experience. Here is the quote: "IT IS NOT THE SAME TO SPEAK OF BULLS AS TO BE IN THE BULLRING" - Spanish Proverb. If you are not in, you could buy it now on the offer (at market) and learn by being in the ring. Missing this one would be a real shame as these do not come along every day or every year for that matter. Now the next thing is that this is a Nasdaq bulletin board stock..a very risky market and the market makers make their money on the spread. They are not likely to give it to you except on the offer. This is not a market where you have any power..you pay retail..they buy wholesale. So you just pay up and be glad you have it. Retail at .23 was fine now even tho it was bid .19 at the time and that is how it works. I hate that market and only play when the deal is extraordinary as in this case. COATS is the same in Canada. Next controlling your emotions is a huge part of the game and I recommend several books, the one on emotions is called "The Tao Jones Averages" by Goodspeed and it teaches you how to use both the right and left side of your brain. The best book every written on the market is Jesse Livermore's Reminiscences of a Stock Operator written in the l920's (aka Edwin Lefevre). No one should even play this game who has not studied that book. Risk what you can until you are confident that you know the game but you cannot win them all and none of these come with guarantees. Knowing that, very large fortunes can be made if you have enough shares of a stock in the pennies that goes into the multiple dollars and you keep your position. Selling is harder than buying so start with buying and remember to buy low and sell high. .54 where it is now is definitely still low. Also be wary of all you read on these threads and consider that the poster may have an ulterior motive so always do your own due diligence. You are playing for yourself and while some will help you it remains your money and you live with the consequences of your choices. Hope that helps.



To: REB who wrote (186)4/13/1998 10:05:00 PM
From: Jim Ilchyshn  Respond to of 1364
 
Reb,
Thought that I just might add my 2 cents here...
One method I like to use for purchasing stocks that I have an interest in is to buy 1/2 the amount of shares I would like to hold at the market price. (eg. bid .24 - ask .28 > buy at .28 so I am not chasing it) If the stock drops in price, say back to .20 (ask) I will buy the remainder of the position, or even put a buy order in at the price you are willing to pay and leave it there for a couple of weeks.
Good Luck,
Jim.
P.S. The only caveat with this method is that if you are buying small lots, the commissions kill you!