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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC -- Ignore unavailable to you. Want to Upgrade?


To: David Sirk who wrote (366)2/18/1999 8:03:00 AM
From: Captain Jack  Respond to of 476
 
Just wanted to let you know that when Joe first recommended the stock it was under 0.25 cents. I bought in at 3/16. I don't know what he has done with it recently because I had bailed out long before it went to 3 bucks. This just shows the importance of DD before buying a stock. I knew very well that GBFE was having financial difficulties when I bought it. I was hoping for a buyout or some type of turn around in the company. The numbers have been there in black in white for anyone to read. It is just that some people didn't read them.

CJ



To: David Sirk who wrote (366)2/18/1999 7:26:00 PM
From: rt1^  Read Replies (1) | Respond to of 476
 
David,
"I just think that he is responsible for allot of people loosing allot of money. Joe has some really good picks but when you start telling people that a stock like this is a buy and hold I have to question ,"what in the hell were you thinking"."

I'm going to be honest with you here, I lost 50% of value in a stock called HESI along time ago, it blew me away, after that point I never lost more than 20% on any trade, I think HESI was before your trading time.
This stock was a different animal, It was a cold cock off a Bar stool, Clipping, call it what you may, Joe had No way to see this coming, the tape was being painted, it was flying.
NOBODY could have seen this, NOBODY!
This was Sheer Fraud, I took a hit over 50k and will think about it over time, I rarely trade anymore as I've retired from it, this trade just put more acid in my mouth as to why I got out. With work I made mine, I hope to God you make yours.
But under no circumstances is this Joe's fault.
It will have been worth the 50k when I see the CEO get introduced to his new friend Called Bubba in Federal Prison.
Hell, I might even flip for a Lawyer to formaly introduce him:)

Best of luck All!!!
rt