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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (5519)1/21/1999 3:35:00 PM
From: Canuck Dave  Respond to of 56535
 
General thoughts on stocks like NINE (no criticism implied).

I generally stay away from stocks that have a big unexpected runup and are then brought to the threads, usually by people who already own them and are feeling particularly frisky that day.

Of course, I sometimes miss a real plum that way, but I think we should take note of one of Jeff's rules in his intro to the thread. I know that when I chase stocks, I usually lose.

Other people's thoughts?

CD



To: Poet who wrote (5519)1/21/1999 7:37:00 PM
From: Trader J  Respond to of 56535
 
TRBD - News via TokyoMex on TRBD. And there was a visitor to our thread last month that ripped us a new one for calling TRBD manaement shifty and crooked.

techstocks.com

Response:

www3.techstocks.com

Notice of Trade Halt: Turbodyne Technologies Inc.- EASDAQ Market
Authority Announces Temporary Halt of Trading in Shares of Turbodyne
Technologies, Inc. (EASDAQ: TRBD)   January 20, 1999

The EASDAQ Market Authority has initiated a temporary halt in the
trading of shares of Turbodyne Technologies, Inc. on the EASDAQ Stock
Market, effective immediately. The trading halt will remain in effect
until the close of the market (16:30 CET) on February 3, 1999, unless
otherwise determined by the Market Authority.

The Market Authority has also notified Turbodyne that it plans to
initiate disciplinary proceedings against the company for, among other
things, allegedly issuing a number of press releases which contained
false or misleading price sensitive information to the market.

This action has been taken by the Market Authority as the result of an
investigation undertaken on its behalf by the EASDAQ Surveillance
Department. The Market Authority is responsible for ensuring the
integrity, security and fair dealing of the EASDAQ Stock Market and
applies rigorous standards to the conduct of its Members and Issuers to
protect investors.

Potential sanctions which could result from disciplinary actions include
a range of options, up to the withdrawal of admission to trading of
Turbodyne shares. Turbodyne is accorded rights under the EASDAQ Code of
Formal Proceedings, which governs the procedures to be followed
connected with disciplinary actions. Among these are the right to submit
a written response, and to request a hearing before the Market
Authority, within thirty days of receiving a written claim regarding
this action. A decision will only be made after the conclusion of the
hearing, if a hearing is requested. Decisions made by the Market
Authority concerning this matter may be appealed to an International
Commission of Appeal.

Shares of Turbodyne Technologies, Inc. began trading on the EASDAQ stock
market on July 30, 1997. The shares had previously been admitted to
trading on the NASDAQ Stock Market.