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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?


To: Mary Baker who wrote (1354)4/21/1999 11:49:00 PM
From: Tom Dorsey  Read Replies (2) | Respond to of 4824
 
Reality check folks...

JNNE has been a STELLAR play for anyone involved in the the last three years "IF" you got in the game during their hibernation period. I was in before the C21 deal fell through. I am not a wizard by any stretch (just stubborn). Point being...I was lucky enough to load up, and be on vacation when the run took place. I know I would have traded out at much lower prices if dumb luck was not on my side. The fact is selling anything and everything, but a "core" position during this tremendous run would have been foolish by an investor. My hat is off to everyone who got a five to TWENTY BAGGER on this stock, and stuffed that money in their pockets.

Is there potential going forward? SURE THERE IS, and I still hold 25% of my position. I would love to see the $3.00 price bandied about here. The fact is you cannot fall in love with a stock. If JNNE does not retrace substantially below the average I sold my original shares I will not buy again. I know some will say the "fundamentals" are better now than ever before, BUT I have money in my pocket (PROFITS)... so why give that up?

I am a relative "newbie" in that I have been an aggressive investor for only five years, but I have learned from the school of hard knocks. I have fallen in love with stocks in the past, and rode them to new highs without selling a share... waiting for that meteoric rise to some exponential number. I saw (and held) all the way back down to not only my buy point, but several % points lower! Bottom line... Take profits!!! Especially in he micro-cap arena.

Just one persons opinion! Good luck in your investing.



To: Mary Baker who wrote (1354)4/22/1999 12:13:00 AM
From: Frank Mandt  Respond to of 4824
 
Mary, I'm in with you at .07. I think that with patience (and I'm talking about more than a few weeks or months here), this stock can make us rich. It's so amusing to watch messages from folks who buy on the hype and then are stunned when the stock goes down the next day instead of doubling. I would also like to say that I enjoy your posts both here and on RB. I appreciate your opinions and your investment approach.

Frank



To: Mary Baker who wrote (1354)4/22/1999 7:06:00 AM
From: Sprintcar  Respond to of 4824
 
Perspective hasn't changed...we are all here to make money.
I tok a five bagger in at .048 out at .25, I'm not back yet
I'll let you know the calculations when I get back in...

For now I watch till it gets down to the new base...

Hapy Investing
Sprintcar

PS You should always take some profits, now I play with their money.