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


To: TokyoMex who wrote (36972)12/30/1998 9:39:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 119973
 
the last time i saw a bull get killed when i was 16 working in the slaughter house. the one thing i will never forget when one of the cows coming up the shoot following the rest right before they get killed had tears coming out of the eyes....they know they are going to die right up to the last second.

i would cheer for the bull



To: TokyoMex who wrote (36972)12/30/1998 9:42:00 PM
From: MoneyMade  Read Replies (1) | Respond to of 119973
 
IFLY,SEC NEWS...I can't seem to find you dude!!

Beware IFLY

MSNBC article:

Here are some excerts followed by the URL link:

"So I doubt anyone at the SEC or Nasdaq or anywhere else will be rushing to ask why it was that
an obscure Nasdaq SmallCap stock named 800 Travel Systems Inc. (IFLY) sold for $6.75 last
Wednesday yet by 4 p.m. Monday was selling for $16.12. This company, which went public last
spring at around $5 per share, quickly sank to barely $1 in the after-market, and was still selling for
barely $4 as recently as Thanksgiving week. Then came Monday when, for no apparent reason,
the stock nearly tripled in a day, on roughly 70 times normal volume.

Here's the good part:

"Why? One good place to start looking for answers would be the co-underwriter of the
Company's IPO: First Liberty Investment Group Inc. The SEC investigated an employee and a
consultant of the firm, a microcrap underwriter, as part of a 1997 probe of penny stock swindlesk.
If that avenue leads nowhere, then investigators might ask questions of at least one IFLY board
member: Pasquale Guadagno. Guadagno may be pure as the driven snow in all this, and no
evidence is known to suggest otherwise. But he might have some helpful suggestions for
investigators since prior to joining IFLY's board he served as a senior vice president of a
now-defunct Boca Raton swindle-shop, Euro-Atlantic Securities, that was expelled from the
National Assocition of Securities Dealers for market manipulation and deceptive sales practices.
Maybe Pasquale has some thoughts on how IFLY got from $6.50 to $16.12 in a day."

Source:

msnbc.com




To: TokyoMex who wrote (36972)12/30/1998 9:51:00 PM
From: QuietWon  Read Replies (1) | Respond to of 119973
 
TMex, good to caution - imo, be in liquid, marketable stocks, with strong RSI & in new year equip, enterprise software, etc etc buys coming



To: TokyoMex who wrote (36972)12/30/1998 10:23:00 PM
From: JC Money - President of a Loca  Read Replies (2) | Respond to of 119973
 
So, even mighty Joe thinks the Internet stocks will tank 20%.. It looks like most of us here agrees the Internet stocks will tank down. At the same time almost all of us agree that it will bounce back. The question is when it will be back.. I will be watching the market condition tomorrow, maybe play a couple of shorts (if I can get out alive from holding TRAC).. Good luck to you all brave souls who plan on trading tomorrow. I have been playing EVERYDAY ever since I switched by broker from Gunn Allen to online trading even during the crash so, I know how some of us will trade no matter what happens. :)



To: TokyoMex who wrote (36972)12/30/1998 10:27:00 PM
From: hoffy  Read Replies (1) | Respond to of 119973
 
>>>Nets will retrench 20 or more % ,, IMHO ,,,

Let's relax , these next few days,, and forget trading <<<<<

Gotta agree with you. I'll be looking to pick up some of the better ones like CMGI after a healthy correction.
right now I have my money in some good safer value plays, AKLM, BTGC, CPU, CMB. All did well today in the sell off.

Trading is too tough in this atmosphere. Unless you are a shorter, which I don't like to do.



To: TokyoMex who wrote (36972)12/31/1998 11:27:00 PM
From: Ironyman  Respond to of 119973
 
Joe,,,You might find some humor here.....MINE is back!



To: TokyoMex who wrote (36972)1/1/1999 12:27:00 AM
From: JEB  Respond to of 119973
 
My first post in 1999 and I wanted to wish you a year filled with love, happiness, and prosperity.

Good trading with you my friend,
JEB