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


To: LANCE B who wrote (29223)7/19/1998 7:15:00 PM
From: DavidCG  Read Replies (3) | Respond to of 34592
 
I'm neutral on Big Dog as a person... every trader that makes predictions has good stocks and bad ones that come out.

When I find a stock I really like, I start switching my money into the stock based on how strong I think the potential is from other stocks that are doing nothing for me, or I have a small loss in.

Because I really don't care about a 15% LOSS in one stock when I believe there is potential for several hundred percent in another.

That said, I did the same thing with CYGS...except I put a lot of my money into this one by switching from some stocks that were doing ok, but not the phenomenal success of CYGS.

And what do you know..I averaged up from .40 and above (you might see my name tossed around the CYGS thread during the rise).

What I really enjoyed about the stock was the lack of public recognition (or hype) while the price climbed.

Of course, that can't last forever... People are going to take credit (and want to) for finding a winner of a stock.

I believe CYGS was one, and will be one as well in the future.

I did do a little profittaking, but added to my position again very recently (no... not because of Big Dog..but because I have the advantage of have followed this stock longer than the weekend like most of you have..and as things change with the companies situation..my money can pour back into a good company)

To answer some quick questions (because I know most of you probably have a ton of them)

CYGS contracted a company in South America to do the cell studies and animal studies on their televector product. So they aren't exactly in a small garage conducting the research (that kind of reminds of those two dolts who discovered cold fusion... and I wanted to put an end to that belief that these CYGS guys are mad scientists)

Why South America?... basically because things move a heck of a lot quicker down there (like in Europe)... one doesn't have to worry about FDA approval, taking 10 years etc...

What they will probably do is license this product to the larger drug companies because this approach makes the most sense.

Anyway.... that's my two cents.... and if nothing else, I can get a shrimp dinner out of CYGS if I'm reading this wrong.

I'm not sure why anyone should care about Big Dog's prediction here.

Look, he's laying his trading reputation on the line on this ONE stock.

All he wants is credit if he's right... OR he takes the ultimate humiliation if he's wrong. Who would ever listen to him again?

I think that's a fair tradeoff...

I'm going to sit on the sidelines though...and continue to hold CYGS.

But I suppose its foolish to ask people to not post good or bad for a week until you see how his prediction turns out.

I could post more what I learned about this company... but you know what? This stock continues to climb with me saying nothing on SI. So, unless that changes... and it looks like the cat is out of the bag on this stock over this weekend... I'll keep my comments to a minimum.

I do wish Big Dog kept this stock reletively secretive until after a month or so... but I can't turn back the clock.

My suggestion is that no one buy the stock and just watch and see if Big Dog is right or not. I'm pretty sure that hurts no one.... and if you like what you see trangress in the future, then feel free to jump aboard.

How many people tell you not to buy their held stock?

I am.

Good Trading!

-DavidCG