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


To: Big Dog who wrote (72)5/24/1998 12:19:00 PM
From: JEB  Respond to of 8798
 
Why should it bother anyone? (reference post #36 on a response to this) What makes this release worry you about the stock (MINE)?



To: Big Dog who wrote (72)5/24/1998 12:33:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 8798
 
All of this is priced in. For instance, if the report
had been in on time (by May 1st) and had come out with
the 6.4M proven, it would already be a $1-$2 stock,
maybe more. But everything which has occurred up til now
helps to hold it down--and the SEC scolding is just
another item. If the property were in Canada rather
than in Bolivia it would probably have run up past a
buck, if Guido's name were something different...the
list goes on and on.

<"It makes me say no thanks.">
there are a thousand ways to make money in the market,
if anything at all bugs you, definitely move on to another
idea! You will do well just by avoiding the worst of the
traps.

For me the risks are all built in, and with my most pessimistic
valuation of the company as things stand right now I get a
target price of a buck a share--I gave them no credit for
anything but the 6.4M, and then I cut my target by 2/3rds!.
Good luck, but if you don't like the feel of MINE, then
find some better ideas--but even for a daytrade Tuesday,
with the long weekend for the idea to cook, and the huge
proven number, I think you cant beat it.



To: Big Dog who wrote (72)5/24/1998 9:30:00 PM
From: Dave Gore  Read Replies (3) | Respond to of 8798
 
Yikes!!! Big Dog....thanks for finding the past scandal on MINE

It always bothers me when people tout a stock and miss something as big as this. Hundreds of the posts on this thing and everybody missed this scandal! That's really lousy DD. Unbelievable.

Even if the new management is above board, the stock could still suffer because of this. Tread carefully, everybody. You might still make a killing, but the point is I wouldn't trust any stock hype anymore. When people don't bring up the negatives and only hype, time for me to wonder bigtime. Would the bad news come out later after the stock ran up and the hypesters sell, so they make a killing on a "short"?

Hmmm.....