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


To: Robert Knight who wrote (5568)6/24/1998 12:23:00 AM
From: Andrew G.  Read Replies (1) | Respond to of 8798
 
Robert: I've read both of those at the time you posted them and I thank you for that information.

The unrelenting drop in DIXS and AWEB is like a suction and it implies that they had gotten ahead of themselves based on speculation and day trading. They may however be oversold at this point.

I'd like to see them both rise gradually on newsworthy press releases and indications of strong earnings. I've been in touch with the prez at AWEB. I have faith that he will not let it drift down much further. The last time I emailed him, he responded with an email and said I hope that the just released news will be encouraging. The stock nearly doubled the next day.

You are quite right that these thinly traded, low float pennies are very receptive to positive news. That is why I'll stay long if I believe they have the potential to go far.