To: tylcar who wrote (91 ) 5/8/1999 5:45:00 PM From: gizmo&jack Read Replies (1) | Respond to
Glad you posted here first. By the way, I will be letting the webmistress know to put the stock price on the thread. Just haven't got around to it yet. This stock is interesting. I am actually glad it has come down because I missed Dave's original post on it and couldn't get my first buy until 1.25 when I felt I should have been in at 1. Now I have averaged down to 1 so I feel better. But now I'm looking for the rise and I think it will for a couple of reasons. The potential is just too great in China and the company is already firmly established there. In a couple of years, people will be kicking themselves about so many of these Chinese internet companies that they didn't get into, similar to AOL, YHOO, and AMZN in the US. It just seems so obvious to me. The ones in first will be the giants who succeed and I think that CAOL is a sure thing. About the recent stagnation, the whole internet market has been crushed lately, NASDAQ and OTC so it's not company specific. Happens after earnings season every quarter like clockwork. And during rebounds, company's like CAOL are discovered. ECEC was a great example. I debated going into that between 1 and 1.5 every day for a month and figured the market knew better than me and it wasn't moving so I let it go. How upsetting that was. The market doesn't always know. It is efficient in the long run only. People just don't realize obvious stocks until it is too late, even when you alert them. I hope anyone that reads this message and does not seriously consider this stock at least remember this message and look up CAOL's ticker in a month or two. By the way, everyone, despite the low volume on the stock and relatively few postings, this thread is on the SI hot list and has been for several days. People are bookmarking it, keeping track, and waiting. I think the potential is known and people are just waiting to time it right. Risky but this is the mindset of the SI investor and I don't blame them. Why stay in a temporarily dead stock when others are jumping? But that tells me that there will be more money to invest in CAOL (if these people are doing okay elsewhere right now) when the bomb hits. For me, my work does not allow me to watch the market constantly and I don't want to miss the day it jumps. So I'll just stay put and wait. There is nothing more difficult to do in the OTC stock market than wait. It seems like forever each day of non-movement and low volume. But if you have had a couple of big winners by waiting, you look back and say, hey that really wasn't so long after all. It is an amazing transformation and it gives you the confidence the next time around. Good luck to all.
