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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: Len who wrote (1616)3/2/1999 9:12:00 PM
From: re: MAX  Respond to of 8189
 
Len,

You bought a great stock. I bought more tonight just before the close. I've bought up from .8125 to 1.75. As I keep saying on this and other threads, be P-A-T-I-E-N-T. Timing is EVERYTHING. Couple that with patience, but know when to exercise both simultaneously, and you will make money. Panic, and you'll lose your shirt every time. Some of the thread crew sold off today. Actually, they were smart - in hindsight- They exercised THEIR timing. They will buy back in at THEIR timing. Had the stock continued up today, many would be upset over it, but it worked in their favor. Some of us (including yours truly), decided NOT to take the gamble of selling at $2.50 or a little less, and opted to take the slower route with this stock so as not to lose out on buying back in. I'm comfotable with my personal decision. Some sold at $2.50 or a little less, and bought back in at 2 and 2 1/4. Unfortunately, when the stock took a direct downward hit ( I believe it is MM controlled right now), the ones who bought back in above $2.00 were better off sticking with the stock and riding it to $3.00 or better. We're all unique on this thread, but we all seem to enjoy one another. I personally enjoy each one's trading styles. I will LEARN from them. You will too.

Good night all, have sweet dreams, go back in tomorrow (I'm off all day), and do whatever you do with MRPS that makes you some money.

Best regards to all,

re:MAX



To: Len who wrote (1616)3/2/1999 9:15:00 PM
From: Jon Scott  Read Replies (1) | Respond to of 8189
 
Of all the posts this evening and earlier, I came across only two that pointed out something characteristically funny, but without much elaboration.
What is up with all the fine Monday morning quarterbacks?
Amazing are those people posting how at every price drop, they were loyally soaking up every available share of this fantastic company and not giving up one share to those manipulative MM's, then a short later how they actually so wisely sold for a nice profit. All the while, the price was flat or dropping. Because they saw the writing on the wall and just knew this thing was gonna' drop! Look at the posts around the close. Funny as hell.
It really is worth taking a second look.