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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Kimberly Lee who wrote (9052)	5/19/1999 10:41:00 AM
From: Jeffrey D	Respond to of 18998

K:<<HITT, 5.75 x 5.937. What's your point? I am up 50% and over 10 grands (small chump change by my standard) since I bought it yesterday (average price: 3 15/16). Well, I just took profit on it..It's a bad company, but a GREAT STOCK to buy at 3 7/8 to the 4 yesterday. Most of the brainless herds don't seem to understand: there are many,many bad companies out there, but very few bad stocks, only good or bad timing.>> I'm happy you can buy and sell a bad {scam?} stock and make money on it due to your trading skills. But when you post it on your thread and suggest to others to "play the bounce like you" is where the trouble starts. One, you are already in so others will get a different, and usually higher price than what you bought it for. Great for you but not so great for them. Second, they for the most part, do not have your trading skills and will not get the same result you did. Third, I can't imagine why you would even suggest to "your followers" to invest or trade in a stock that really looks like a scam. I don't care how great a "trading" stock it is. Look, I am no thread monitor and everyone is responsible for their own investment decisions so do what you want. By the way, I thought the Buffy episode last night was one of the best. Best regards, Jeff

To: Kimberly Lee who wrote (9052)	5/19/1999 10:57:00 AM
From: big run	Read Replies (1) \| Respond to of 18998

Kimberly...the point is that while trading suspected scams the risk is always the possibility of a halt. That puts the risk/reward meter to above normal on the risk side and I don't know any traders that trade that type of risk. Also, there's plenty of stocks that have this type of volatility that don't come with the risk. When you play with fire you'll eventually get burned.