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

To: The Cookster who wrote (2463)	3/6/1999 3:05:00 PM
From: re: MAX	Respond to of 8189

The Cookster, Thanks for the message. I NEVER do what someone suggests. Know why? Because if they were able to predict the future, they'd be filthy rich and wouldn't need to buy and sell stock! So, I, like you, will hold my MRPS until I feel they are valued at a number that only I will be comfortable with. I don't even know what that number is yet. For example, let's say that it goes to 2 1/2 on Monday. My gamble is, "Do I sell, or wait to see if it goes higher?" "What if it goes over 3? Do I sell, and hope it goes lower that day? I don't know. What if I sense it's worth holding for a week or two and that it might go to 5 - do I wait, or sell at a lower number, pick up more on the way down? What do I do if it doesn't retrench enough to warrant a buyback? How many of my 8,000 do I sell? All? 2,000? See what I mean? You can't know until you pull the handle on the slot machine and see what rolls your way. We all have different "plans" to sell, but they are (and absolutely should be) a decision we make when the timing is right - for us. Patience and timing. If fishermen (and women) had both, they'd haul more in. We lose either, we make less money. What's the magic number? Nobody knows yet. Best of Luck. By the way, for some of the newbies, do you (or anyone) have the web site for the Internet Acronym Dictionary? Thanks to FatherOz for posting it because a lot of newbies "lurk", but are arfraid to get involved in the discussion because they are learning what EOM, LOL, ROTFLMAO, etc. mean, and they don't want to feel "stupid". To all of you who are "lurking", please come on in and say hello - you don't have to say any more than that. Most of the gang on this thread will welcome you. Best to all, re:MAX