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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (3872)5/31/1998 9:04:00 AM
From: Joe Copia  Read Replies (1) | Respond to of 25711
 
Due to the bantering on my CAYC pick I think CAYC may be best to:

1) Totally ignore
or
2) Play as a momo one day trade

We Shall See.

Joe PTG&LI !!!



To: Rande Is who wrote (3872)5/31/1998 1:01:00 PM
From: TraderGreg  Respond to of 25711
 
You pretty much covered my list..Interesting though on that reverse merger item 7, every now and then you get an ICVI.

I'll try and remember to give you the link periodically on those standings and how the stocks have done by price range. They are updated weekly on the CSMA thread and you can scroll the posts. Always starts out as: "The standings of the stock picking contest after xx weeks..."

techstocks.com
Message 4652821

TG



To: Rande Is who wrote (3872)5/31/1998 2:40:00 PM
From: TARIQ STOCKS  Respond to of 25711
 
Exactly!! This list you put out is exactly the stocks that I got burned by. I had direct encounters with Oil stocks that went puff, South Florida and Las Vegas ones that were pure scams. The Canadian ones, I was warned from the beginning not to touch.

Good post Rande.



To: Rande Is who wrote (3872)5/31/1998 2:50:00 PM
From: Boob  Read Replies (1) | Respond to of 25711
 
I agree with a majority of your list but #7 I strongly disagree with

7. . . Reverse mergers of dormant shell companies. Starting a new company from a failed one is like painting a beat up AMC Pacer.

From my experience, these are the BEST finds in the OTC arena...a shell is dormant and dirt cheap then suddenly an existing, and many times high revenue producing, even profitable company takes over the shell...suddenly a dirt cheap stock which was nothing one day suddenly becomes a gold mine the next. The profit potential is just huge. However, there are a LOT of dormant shells out there and probably 95% of them are crap, high debt ridden, and will never have a private company come into the shell so the trick is to find the small percentage with good stock structure (so no reverse split is needed when a company takes over the shell), debt free, and management who is willing to spend the time and money to look for a company to enter the shell.

some good examples of the past: RPII, GNNX, AVBC, MIDL, ICVI, etc. etc. etc.

Nothing I like better than when a good reputable company enters into a dormant shell.

Boob



To: Rande Is who wrote (3872)5/31/1998 10:13:00 PM
From: Jon  Respond to of 25711
 
Rande Is,

Thank you for that post,
Great post

:=)

Sveen