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Technology Stocks : Lessons in Day (Scamming) Traders -- Ignore unavailable to you. Want to Upgrade?


To: FZupan who wrote (12)4/22/1999 1:03:00 PM
From: Mr. Rhino  Respond to of 25
 
The analogy of the bus was excellent. It makes a lot of sense, especially with today's tech stock market. There are so many new stocks out there every other week, that it makes absolutely no sense to jump at a stock that is inappropriately pumped up.

Also I have found when I jump in on penny stocks, you can get hit harder because of the commissions paid on them. And if you buy one that is falsely pumped, you can really get killed.

Do your research, stick to your gut, and don't get on any old bus that goes by.

Also, I make it a point to read Business 2.0 and Red Herring magazine. They always have some good insights on what's new.

Barron's on Saturday's also helps.

Mr Rhino



To: FZupan who wrote (12)4/22/1999 1:10:00 PM
From: Mr. Rhino  Respond to of 25
 
I ahve also been mentioning a stock for about two months now. I first read about it in Barron's, and I started a thread on it a while ago HWVI. But I think I used spaces between the letters so they could be read easier.

Well anyway, when I first read about it, Hawaiian Vintage Chocolate, the stock was at about 3. I have watched it slowly go down to 1 over the past few months. and then last week there was a ripple in the volume. I never did buy any of it, came close but just watched.

I am only mentioning this because HWVI has a nice web site, and I have had their chocolate. It is good!! I don't think they will be a Hershey, but I would watch their volume.

Mr Rhino



To: FZupan who wrote (12)4/22/1999 5:10:00 PM
From: Mr. Rhino  Read Replies (1) | Respond to of 25
 
A tip:

The secret of life is to have a task. Something that you devote your entire life to, something to bring everything to, every minute of the day, for your whole life. And the important thing is, it must be something you can't possibly do.

--- Henry Moore (1831-1895) Painter