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Non-Tech : CAOL: The Chinese AOL and Internet Lottery -- Ignore unavailable to you. Want to Upgrade?


To: BigTex who wrote (52)5/6/1999 11:48:00 AM
From: Dave Gore  Read Replies (1) | Respond to of 720
 
Most of what you saw were DT's getting out who bought in at 75-85 cents a few weeks ago. You know as well as I do that many are momentum players and when the stock failed to breakout beyond $1.25/1.50 they got out and the MM's exaggerated their game playing.

This is a stock for the more patient... for those that want part of their money parked in relatively safe and non-volatile stocks that have a chance for major gains.

(PATIENCE CAN PAY OFF IF YOU BUY THE ** RIGHT ** STOCKS)....see below

ALL MY BELOW STOCKS TOOK A BIT OF TIME TO GO UP (1-8 months) but when they did, they did pretty well, and most have continued to do well and even come back from Daytraders getting out to move to new highs.

MRPS, a "core holding" went from 38 cents about 3 months ago to 2-5/8, then when the Daytrader got out, from 96 cents to $3.25 (new all time high)

SHAL that went from $2.25 to $20 in 3 months

WLGS that I did a "Gore Report" on and it ran from 20 cents to $4.00

NUKE that went from 11 cents to 80 cents

TLTG, another core holding that went from $1.375 to over $7.00 recently and is a great buy on dips

WINR, another core holding from 38 cents to $3.00 twice and poised to go much higher

SFLK from $1.50 (when recommended) to $7.75

etc.

I believe CAOL is another "Core Opportunity"

Patience.... can be rewarding and CAOL is poised to become a leader in both Chinese Internet lottery AND Chinese E-commerce.

It is the RIGHT stock at the RIGHT TIME, imo.