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


To: Jane4IceCream who wrote (48356)1/27/1999 11:23:00 PM
From: FawnVu  Read Replies (2) | Respond to of 119973
 
Jane, PRFM seems to be a good short term play because of the launch and their tiny float....I am still watching CYCH for now...I am a little cheap with CYCH, ya know...wanna pay lower than it is now though...my guess for next week is that all the high flying inet stocks will be corrected...unless we want to go to short side, playing with smaller issues with inet-related hyping news will be safer....BTW, can you believe that I spotted the little penny GMCH at 0.04 cents and watched it ran to 13 cents the next day with news of web site launching, the next day upped to 40 cents, and today opened at 80 cents then backed down in the 60 cents range for a few hours and finally settled at 30 cents...this penny has been traded in the 7m to 12m shares since the last three days.....A 2000% gain in 3 days that I missed...Oh well, you never know...Good nite, Fawn



To: Jane4IceCream who wrote (48356)1/27/1999 11:49:00 PM
From: Mark[ox5]  Respond to of 119973
 
Jane, your going to have to file a SEC form with CYCH soon for 5% ownership... you had 27,000 shares I thought about a week ago, and that was before the recent drop in which you continually add on a daily basis... ;)

Hmm close to $600,000 in 1 stock? *grin*

P.S. I watch it, but confused why it would drop in the recent 2 day internet mania.... especially today this morning. Any ideas? Or just not a well known company at this time...

It has great support at 15 1/2... should not break that level... good buy there, but problem now is the $18 area on the upside.. if it breaks through there than Im a buyer, but not all $600,000 at once ;)

Mark