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

To: musicguy who wrote (10959)	4/24/1998 4:59:00 PM
From: Frederick Langford	Respond to of 34592

MG, MDIX was Klaw69's AM pick. Their club doesn't believe in letting the stocks spike and fall. From what I read, they sell 1/2 position for the profit, and keep their 'free shares' to help support the price. They plan to hold those shares looking for a double or triple within a month. If it's the right pick, the theory should work. Perhaps that's why MDIX didn't peak and crash. Giving people, especially novices, an equity pick and saying , 'the rest is up to you, don't get caught holding', seems to precipitate the huge selloffs. No one has any faith that the pick will hold, so on the first downtick, they dump. I believe it started to get that way when NEXR was the pick, and was never mentioned the rest of the day, come to think of it, still hasn't. So recently we've seen the results of the "every man for himself". approach. I guess it boils down to the old adage, life's a trade. Makes sense, when you actually think about it <G> Have a great weekend all. Fred