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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Kevin McKenzie who wrote (13038)11/18/1998 9:46:00 PM
From: Trader J  Read Replies (1) | Respond to of 119973
 
Kevin: I doubt that many will be running these same numbers. The only ones doing any calculations will be those trying to valuate, in net terms, what they have in their portfolio. Net stocks are not about valuation, not even in the slightest. It is all about money chasing money, nothing else.

Valuations where none exist are impossible to compute. By therein lies the beauty. The big wigs have stopped trying to justify these lofty valuations and just advise that the faint of heart stay away. Meanwhile, we push and pull these issues left and right. The smart win, the greedy lose.

Hype and promises of an unclear future drive these issues, and little else. Again, therein lies the beauty.

Good luck

TJ



To: Kevin McKenzie who wrote (13038)11/19/1998 5:06:00 PM
From: Kevin McKenzie  Read Replies (4) | Respond to of 119973
 
Investors, traders, institutions, will all be running these same numbers tonight. MALL could gap up huge tomorrow.

Will wonders never cease. I thought there was no way in hell MALL would finish down (or trade below 30, for that matter).

As a former code-slinger, I am constantly amazed at how the market eschews logic. Sometimes logic can be such a hinderance.


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