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


To: Rollcast... who wrote (32069)12/21/1998 7:52:00 PM
From: Panita  Read Replies (2) | Respond to of 119973
 
Toshio if you recall TokyoJoe and this board played TSQD well before IPO was actually filled; at one point TSQD run took it as high as $4 in mid April from $1 1/2. $4 was follow by a 50% retracement to below $2 before the actual filling of MALL. The actual MALL IPO filling again took TSQD roaring higher this time to $7+. Whether you bought at $2 or at $4 you made money if you sold at $7. But you can agree than one trader made a little more than the other.

bigcharts.com

I am not saying that NAVR will not go higher with the Netradio IPO what I am saying is that a retracement is likely. If you decide to hold that is fine. I am waiting to buy on a retracement to $8 were support has been shown or even better below $8.

Long term we will all win whether you buy it at 10 or at 8 or at 5 if Netradio IPO rock and rolls. Just that those that bought it at $8 will make a little more than those that bought it at $10

Charts are nice. Remember a picture is better than 1,000 words.

And yes I could be wrong but if I am there will be always plenty of fish to fry.

Happy Trading!