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

To: wallacestevens who wrote (42983)	1/14/1999 12:23:00 AM
From: JC Money - President of a Loca	Read Replies (2) \| Respond to of 119973

Wallacestevens, I went long on CNKT at 8 5/8 got my a@@ kicked. After than I shorted 3 times and made up for the loss. Tell you the truth, I wasn't sure if I should short it at the end of not but after doing some DD, I decide to go again. They have $5 loss per share, book value of $.008 (not $.08), history of reverse split. The one that made me do it is that looking at the chart, they went as high as $15 on the HYPE of E-commerce but tanked down faster than it went up.. It looked like it was pure hype. I remember what happened to KTEL, OWLD, CNSI, SYQT well and I categoriezed this stock with them. KTEL had the deal with Microsoft and Playboy, and undoubtably, they are two BIG names. But look at what happened after it even went up to 40! I may be wrong. If you are long on CNKT, good luck to you. Hope it goes up before tank or visa versa so, we can both make money. Let's wait and see what happens.