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To: MR. PANAMA (I am a PLAYER) who wrote (183)12/24/1998 2:49:00 PM
From: P.E. Allen  Read Replies (1) | Respond to of 972
 
Pump and Dump, a term used by investors who do not know when to take profit.

Nothing goes straight up, nothing.

There is nothing wrong with taking a one % profit, that way you don't lose.

When a stock on day one, runs more than fifty % and you hold it the first day and it does not correct, someone is looking over you;

When a stock on day two, runs more than fifty % and you hold it the second day and it does not correct, your greedy.

When a stock day three, runs more than fifty % and you hold it the third day and it does correct, your stupid.

Remember this there is always going to be a hot stock, some you can afford to buy, some you may not be able to afford to buy and some you may not get a fill on your order. Wait for the next one. Don't chase a run away train or a train that has left the station wait for the next train.

Finally, read this and follow it if you can, my two favorite quotes:

"Buy low, Sell high"
"You got to know when to hold them and know when to
fold them"


Some tips from your Uncle Ernie!!!!!!!!!

Happy Holiday



To: MR. PANAMA (I am a PLAYER) who wrote (183)12/24/1998 6:38:00 PM
From: Richard Karpel  Respond to of 972
 
GSIC is not a net stock. So why does everyone on this thread continue to talk about it as if it is a net stock? The company was mentioned in a press release about "e-retailing" that was issued by some bogus "research company," which for all I know is owned by MoneyMade.

Please, anyone, help me here: Explain for me what GSIC has to do with the Internet. Or better yet, describe how the company is going to make any money with its convoluted business model.