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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: DG Cruise who wrote (8162)6/4/1998 5:33:00 PM
From: RocketMan  Read Replies (1) | Respond to of 11850
 
Folks, I can't emphasize this enough. As DG Cruise said, the name change takes some time. But the critical thing is this: if you focus on a day for this company to come out with any specific announcement, chances are you will miss the timing, get anxious, sell, and lose a lot of money not only from taxes and commissions, but from future gains. This is a long term hold, as long as the fundamentals remain sound, which so far they certainly are -- they are even increasing.

If you focus on a particular day, be it Monday, Tuesday, or even a week, they you are a day trader and you should be over on a different thread and a different stock. This is not what we are about, although on occasion we may pass on whatever we hear concering a day. But we do this not so you can buy or sell on that day, but just to provide you with all the DD that we can get.

Do not worry about a day. Maybe we wil get something Monday, maybe not. Maybe Tuesday, maybe not. Maybe next week, maybe not. I don't care. If the company's fundamentals are sound, and you have patience, you will be rewarded. If the company's fundamentals change for the negative (they have not, I am just giving an example), then I will say so, and reduce my position accordingly. But for now, my plan is to continue accumulating on dips.