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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (7824)9/9/1998 10:30:00 PM
From: BarbaraT  Read Replies (1) | Respond to of 25711
 
Joe ...
Have you ever looked at QDEK? I bought this several years ago at $30 (down from $40) and a couple days ago it was .25 --- went up to 7/16 today which is a first. Looks like a momo stock, maybe even a comeback, on a small scale of course. They just won a big award for their latest product.

Do you think this could be a good play for a couple days? All kinds of rumors are abounding and it went up about 55%. Too bad I didn't average down, but I guess it's not too late at .43. Any opinion?



To: Joe Copia who wrote (7824)9/10/1998 6:38:00 AM
From: hoffy  Read Replies (1) | Respond to of 25711
 
Joe, you read my letter and don't see any point. How about letting some people know about how these pump and dump stocks are very dangerous. How MOST people lose half their money very quickly. And that the only people who win are the ones who are in the stock before the letters of recommendation come out. The rest of the people are just there to run the price up so the others can double their money, while they lose most of theirs.

That's the nature of penny stocks. Get in early and out very early
DACQ was just your typical pump and dump scheme. Considering it ended at the low for the day might tell you something