Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers -- Ignore unavailable to you. Want to Upgrade?

To: Terry D. who wrote (1011)	9/11/1998 5:07:00 PM
From: lakers17	Read Replies (1) \| Respond to of 4624

I hate to say it......... but JNNE reacted like I said it would. The only reason JNNE went up this week was because of Wall Street West. I'll label it a mini pump and dump but the stock reacted just like a pump and dump does. A classic line from these penny papers is "we see a continuing price increase through out the week"...Wrong! I see a classic hype situation followed by a rise and fall in price. FP, I know you're out there and you'll think I think there's a conspiracy theory <ggg> but as I told you I don't take most of the penny papers seriously. Most are out for their own gain because they have already bought in at lower levels(even a small spike makes them a quick sizeable profit) and several promote because they are paid to do so by the company. JNNE has potential and nothing had changed fundamentally but any company that usually has a lawsuit pending tends to scare aware buyers until it is settled. I was going to buy into JNNE in the .04's but there still is a good possibility of the ask easily being in the .03's since it's 52 week low was .025, so I'll keep watching. I really don't feel pennies react to world events and the broader market. In fact yesterday when the market lost big, most of my pennies went up and today when the broader market recovered almost all my pennies went down. You figure it out. Of course all of this is just my opinion. Lakers