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


To: Russell Gish who wrote (2191)6/3/1998 10:44:00 PM
From: TokyoMex  Read Replies (2) | Respond to of 8798
 
LOL Russell,,
I could not have put it better in any shape or form.
When the opportunity presents,, take it for what it is ,, so you see it was not for silly 1/8 th or 1/4 but it was for 5 bagger with 2/3 of the shares free,, that is the investment,, trading and survival 101.. if any one wants to give me a flack for it more power to you ,,
Next time may be I should simply lie ,, like some people I know.

May be last URL I posted to Charliss,,no one has bothered to read,,,

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Talk : $5 and Under : Dynamic Information System & eXchange, Inc. (DIXS)

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To: +TARIQ STOCKS (239 )
From: +TokyoMex Wednesday, Jun 3 1998 9:16PM ET
Reply # of 255

Rockteers or no jet fuels,,this is the reality ,, and don't let any one fool you ,,

DIXS.. when we jumped in at .32 ,, and when I made sure we closed at 3/8 with my 10,000 buy,,, I had no idea that we will open next day at a buck ,, now some newbies got hurt buying at open with market order,, and when it opened at 1 5/8 today ,, every one took profit including my self.. at the expense of greedy newbies,, never never place a stupid open market order... before the bell..

I took out 1/3 of all my holdings at 1 3/8 to 1 1/2 and bought back more and as I was buying to 1 1/4 ,,some one sold to down tick at the close.. that's the reality ,, some one will always sell and some one will always buy ,,, I am riding basically free shares.. yes buy and hold but do not be timid not to take out the highs that are unnatural ..

By keeping a reality check,, as it goes up progressively and it has to because of the float size.. you will have less risk ,, it's not virtuous to say ,,well I am long and I am holding,, as Rockeeters have same MO ,,believe you me .. yes they take out the float ,,but they take it out with their free shares ,,

Take the highs and take the profit but make sure we buy the dips ..
Manintaing the momentum ,,

So far we have managed to take out only 50% of the float max,, even though we have traded close to 2.2 mill shares in 2 days.. it will take several more days,,




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To: Russell Gish who wrote (2191)6/3/1998 10:58:00 PM
From: John Flaherty  Read Replies (2) | Respond to of 8798
 
Russell Gish- Well if he's going to take off my head for asking a simple question, then I surely don't need this. It seems the problem is how one defines holding, I was just looking for some simple answers to something I didn't understand and it seems that there are others that feel the same way from the post I've been reading all night. Is this how all new posters are treated? "You always take profits off the table when the opportunity is presented." Then why where others told not to take profits and to just hold? And maybe we should all review are manners 101 also? Thanks for your understanding and making one feel right at home, sure makes one want to join this group. John PS I sure hope TokyoJoe is a little more understanding then yourself.