Fonon Corp. (fka FNON)

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Tobin Smith on Raptor Melt THE KAHUNA'S RANT O' THE WEEK: Do You Have The Guts To Be Rich? -- By Tobin Smith

Hey WaveWatchers, I've got the "big story" for you today. (I feel like I'm making an ode to John Gibson on Fox News Channel.) I'm going to tell you about one of the most important parts of being successful in investing -- in other words, how to make a lot of money. s investors, we all know of those one or two gigantic stocks that we probably missed. I think back to AOL in the late '80s. It was a company called Quantum Computing then, and I owned about 1,000 shares of it. When it went up tenfold I got scared and sold it, and later bought it back at about 50% higher. Boy, I always kicked myself for that. I'm sure I'm not the only one to have this experience. Here's my point. When you get a tiger by the tail -- meaning you've got that once-in-a-lifetime stock going from 30 cents or 50 cents to $50 -- there's only one way you can screw it up. And if you're looking in the mirror, you'll know who to blame -- it's you. In other words, you are the master of your destiny in this situation, and I want to make sure you make the millions. But they didn't panic because they were losing money. They panicked because they were MAKING money. And this is the thing we've got to fight. Now, we have another perfect example of this going on right now in microcap land. In our ChangeWave MicroCap service we have an Internet infrastructure company that we started buying at around 30 cents. It has sort of melted up here to $1 or $1.10, and I can tell by the e-mails that our subscribers are nervous. They're saying, "Oh gosh, what will I do?" Listen to Professor Smith: Do not screw this up, because this is life-changing wealth, guys. This is not small stuff. This is lying on the beach drinking a Mai Tai if you do it right. So follow these steps: First, ask yourself what kind of money you have in these small companies. Remember, we take our entire portfolio and we chop it up into risk areas. We've got our income stocks that give us a check every month, we have our growth stocks that give us growth and income, we have our aggressive-growth stocks, and we have some speculative plays. And then we have the microcaps.As with our speculative stocks, the money you have in microcaps should be your Vegas money. When you have money that you really can't afford to lose, don't be a bonehead with it. Don't sit there and say, "Oh my gosh, I'm up 20%, I'm up 50%, I'm up 100%."
In microcap land, we've had a number of stocks in our ChangeWave MicroCap service that have been up 1,000%. But it doesn't matter if they're up 1,000% if you sold them at 100%. It didn't do you any good. Now in this case, we have an Internet company that literally has a game-changing technology that's coming out around mid-April. It will allow content owners like Viacom or any of the big guys like CNBC, NBC or Fox News Channel, to download big files -- 6 or 7 megabyte files -- but instead of taking six hours, they'll be able to do it in six to seven minutes.