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


To: Cytotekk who wrote (2205)6/3/1998 11:35:00 PM
From: WVMayor  Read Replies (2) | Respond to of 8798
 
The gap this morning was too attractive... When it gaps that high, it is going to come down. That's just the way the mm's play the game. If that is the case, why not take some profits and buy back in later?

In fact, I would assert that we take a harder look at what it should take to sell on a gapper in the a.m. I am all for holding for gold. But there is no reason we shouldn't pick up a few dollars along the way. Remember, we are NOT the only ones playing these stocks. With huge gappers, others will bring it down, if not us. Evidenced by this morning. TMEX did not single handledly bring this stock down. No way.

And I don't think that any of us (or all of us for that matter) selling off to recoup original investment, and then buying back in at the dips, would have a profound effect on the price. It's all a matter of buying and selling at the right time.

So once you sell and recoup your investment, we all buy back in again and send it flying. This makes the team effort even better as we make money on the way.

TMEX, perhaps you should have explained your philosophy beforehand. Anyway, this would be a good time to open discussion on this. A simple "hold for gold" sounds peachy, but not practical when other shareholders will be enjoying the gapper that WE have earned.

Think about it. I might be full of it. Let's hear from Joe and others now...

Mayor



To: Cytotekk who wrote (2205)6/4/1998 9:54:00 AM
From: Andrew H  Read Replies (2) | Respond to of 8798
 
>>I saw the action and bought nothing. Stock will dip more tomorrow when your group of hold for the golders will take their profits tomorrow.
After all, you have set the example.<<

Bad call, Colleen.