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


To: Len who wrote (1996)3/4/1999 12:09:00 PM
From: Luddrick M. James Jr.  Respond to of 8189
 
Do what you want. However, (if you sell)in 2-3 weeks please drop us a line so we may know how you are doing.

This is not meant to be a slash at you...I just believe you need to do waht you believe is right with you...you may want to go out and get some fresh air...these things happen in any stock



To: Len who wrote (1996)3/4/1999 12:17:00 PM
From: learnstocks  Read Replies (1) | Respond to of 8189
 
Len,
Re your 1996, it PAYS to be cynical. Check it out for yourself, sir.
How are you getting killed? If you mean you have a paper loss in the stock, then you have to assess what your level of risk and your long-term investment strategy is.
If you believe in the company, you might consider holding.
If you don't believe in the company, and you need the money, and you love to short-term trade, then you should consider the option of taking a loss and going on to another company. If you need the money, in my opinion, you should reconsider in investing in OTC BB stocks. They are very high risk and only for those people who can afford the risk. If you love to short-term risk, then you should be able to afford losing EVERYTHING you have invested. Otherwise, it is not prudent to do short-term trading.
Buying into OTC BB stocks takes a high level of risk ability to withstand wild up and down movement in the stock. Remember, you should always be able to afford to lose everything. Otherwise, you might consider a good mutual fund. Vanguard 500 Index, Janus Twenty and many many more are good longer-term options for mutual funds.
Does this help in any way.
Remember, this is only an opinion and in no way is meant to be advice to you about how you should invest.
vic



To: Len who wrote (1996)3/4/1999 12:19:00 PM
From: re: MAX  Read Replies (1) | Respond to of 8189
 
Len Myers,

We are high on MRPS, but "A man's gotta do what a mans' gotta do.! You have to make your own decision as to hold 'em or fold 'em. Some of us are in for short money, others in for over $2.00. My personal decision is to ride the horse either way it goes. I have no financial news yet, either, but I bought when all the news that I've read, and have received thru DD of mine and others on this thread, told my "gut" to buy.

I don't know if this stock will fizzle - or go to $3.00 or more. I WILL, however, wait on the news for a while. Patience IS one of my virtues, and I don't have any negative vibes yet. The stock is holding at between 1 1/4 and 1 1/2. If it was going to tank, I guess it would have tanked by now. My secret "gut reaction" is that the MMs are working for a brokerage house who'd like to sell these off for cheap to a real investor. Time will tell. I will say that the MM's like it when people reach the point that you have.

Best of luck to you in whatever decision you (and all of us) make.

re:MAX