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

To: TokyoMex who wrote (16681)	5/12/1998 11:23:00 AM
From: Steven Angelil	Read Replies (1) \| Respond to of 34592

What's the symbol for CEPH's puts(the one's you bought, the june 12.5??) I'm in with you on this one. Steve

To: TokyoMex who wrote (16681)	5/12/1998 11:31:00 AM
From: Dave Gore	Respond to of 34592

GREAT (albeit LONG) POST FROM THE <TGSK> THREAD. If anyone is thinking about joining the Shark Club, I suggest at least glancing at #2, #4, #6. As I have said before, this is the safest BB stock I have seen in a long long time. PE below 7, based on last years earnings, and last quarters earnings were at 10 cents. If still interested, I suggest reading the whole thing and checking out the thread...great INVESTORS in this thing...some are predicting a triple or a 5-bagger from here. There may be a sizeable short squeeze going on as well. CURRENT: $2.15/$2.20 area SEE THE TGSK THREAD FOR MORE INFO: Written by Flightless Bird "Congratulations to all TGSK holders. I have some comments on everything that I hope some find helpful. 1. As the price begins to rocket, many of you face the decision of "how greedy do I get"? Please keep some important things in mind. Remember that it is greed in the first place that kept this stock at the $1 level for so long. Greed from THE MARKET MONKEYS. Their manipulation kept the stock from ever achieving fair valuation. So, many of you now ask yourselves "Gee, maybe I shouldn't be greedy". This stock is still artificially depressed in the first place. If the MMs had never shorted it, we all would have found it at $3 and said "what a great deal, should hit $6 by the end of the year". Instead they kept it at $1 due to their greed. Well, that will only profit us in the end and clearly not them. 2. Please ask yourselves this question too: can you find anything wrong with this stock at $2 to indicate why it STILL isn't an extraordinarily undervalued stock at this price? 1Q earnings were .10. Assuming all goes as expected, looks like 98 earnings will fall between .35-.40. At $2, the stock is still trading at a PE of 5-6 for its projected 98 earnings!!!!! At $2, the market cap is $14 million. Projected revenues are $23 million. That STILL gives TGSK a PSR of .61. Never mind that the company will receive SEC approval in 30-60 days after having filed its Form 10. Fundamentally, I just hope that everyone understands that the MMs have created an artificially low price that still, even after a 100% increase still is absolutely in pristine condition value-wise and fundamentally. 3. Did everyone catch Nazz's point at the end of trading today? The 3 Jersey City MMs were all still trying to short the stock down at the end of the day to keep the price capped and try to cover at lower prices!!!!! LOLOLOLOL Isn't that what got them in trouble in the first place???? LOLOLOL Obviously this wasn't a pure short effort on their part. They will continue to short near the end of the day simply as an effort to keep the price down before tomorrow. They have been covering when shares come loose but they must still short when they can to keep the stock from lifting off into the stratosphere. Remember how many games they played for 6 weeks. Well, they will keep it up for as long as they can if they believe it means they can cover even a penny cheaper. But, again, as Nazz pointed out, IT DIDN'T WORK. Every day, buying comes in again right at the end from some very friendly allies. These 3 Jersey City MMs tried tanking the price at the end of trading today and Coastal stepped up again and absorbed all their shorting. That scared them away yet again and the price began to rise, closing pretty close to the day high, despite trading around 1.80-1.85 all day. 4. What I'm saying in #3 is that THEY ARE STUCK AND MIRED IN THIS MUCK. The short squeeze really hasn't begun yet. The trading pattern has been IDENTICAL for three days. A big surge of buying in the a.m. from real world people, then it gets knocked back down where the MMs pick up any shares that they can (very few) and then they get desperate at the end of the day and run for the fences again. There is no easier money than a short squeeze. What is so extraordinary about this opportunity is that we have the coupling of two forces all at once: 1) exceptional value to protect you on the downside, i.e., fundamentals are rock-solid and 2) short covering from a short squeeze that promises to be vise-like. 5. The MMs are gonna be forced to cover at some point. You simply cannot carry a short position that moves against you like this so persistently and with such percentage gains. You just can't. Their clearing firms are going to force a cover at some point. When that happens, holy hell is going to break loose. When will that happen? Hard to say. But it has to be getting closer and closer. Remember just like any of you with margin accounts, they must maintain enough int their accounts to satisfy their clearing firm's requirements. But each time the stock goes up, this amount goes up as well, and they have to either poney up more dough or cover. Their average short position was probably $1 awhile ago but they probably averaged up heavily in the $1.50 range. So, I figure they are probably shorted at an average of about $1.25 by now. But, of course at twice the amount of short shares as originally expected. Pretty soon, though, their clearing firm is simply going to close out this activity as too high stakes and too dangerous to continue. Don't miss this ride. It truly should be a spectacle. 6. I won't tell anybody what to do. But please keep in mind that a choice not to sell places as much pressure on the shorts as a choice to buy. They are equal. Obviously, I still firmly believe that several hundred percent can be made off of TGSK at $2 and it is still a raging buy. But for those that can't afford to buy more, making the decision to hold is equally effective. 7. God only knows what will happen if a new newsletter recommendation comes out or press releases start popping up. I am sure the MMs are sweating their #$%@s off over that potential. Some of those newsletters can generate 500k or more shares of buying. If that hit these MMs right now, it is good bye for good. 8. Above and beyond it all, remember that this company is exceptional value and Colin is working harder than anyone I know to make this a phenomenal success story. I don't know about you, but I could never look Colin in the eye and say "At $2, I am selling my shares of your company because I can't afford the risk." What more can TGSK do for its shareholders?