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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Clarke who wrote (33723)4/15/1999 3:16:00 PM
From: ErnestPoe  Read Replies (2) | Respond to of 34592
 
AFRI:
African Resources, Inc is engaged in diamond/gold exploration and mining in the Republic of Guinea, West Africa. The area has shown significant production of gold and diamonds. Guinea, specifically, has been the site of a great deal of recent diamond mining activity. Historically, Guinea and neighbouring Sierra Leon's geology has produced some of the largest and most exceptional diamonds in the world. An average 80% of all rough diamonds recovered are of gem quality with an average size in excess of 1 carat. Pricing for these stones has been in the range of $300 per carat, although lately auctions have been yielding prices over $450 / carat.



To: Kevin Clarke who wrote (33723)4/21/1999 11:26:00 PM
From: foolthis  Read Replies (1) | Respond to of 34592
 
NVDC & TokyoJOe

I took the time and money to join TokyoJoe's Societe Anonyme. In the few weeks I was a member I discovered that most of the members act like
lemmings and jump on a stock after TokyoJoe, or as they call him TM, buys a stock. Invariably he sells and doesn't tell them until after he's out.

I also discovered that TokyoJoe is not really a trader who goes long or short stocks depending on what the market is doing. What he really is, is
someone who has made a lot of money buying inets and never shorts them. As a result he lost and his members lost a lot of money on Monday.
Hopefully his members had the courage to stick with the stocks through this downturn.

When anyone questions him, he calls them schmucks, and his cronies in the room jump on the questioner and berate and redicule them.

This last week on Monday when NASDAQ was down dramatically, I asked TokyoJOe why he was still long the inets and why he hadn't gone to
cash or shortd those inet issues. He went nuts. He said he would "piss on my face" and short NVDC and bury it. Send it back to $7 a share. He
knows I have a large position in NVDC. 100,000 shares.

I had started shorting AMZN, DCLK, YHOO on Thursday of last week and covered my shorts on Monday. I then went long on Tuesday
mornings blowoff. NSOL , NITE, and AOL. Got lucky made good money. Trading the way a trader should with stops and all.

Net result they may have been shorting the stock in the last couple days. I hope they do short the stock and drive it down so I can acquire more at
lower prices. I doubt they short much because it is difficult to borrow the stock to short.

This may explain why the stock has been down and not participated in the latest inet recovery. It is all very short term. The company is doing great
and I hope TokyoJoe shorts and keeps his short in the stock so I can relieve him of some of his ill gotten gains.