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RonnieD

08/26/08 7:31 PM

#1224 RE: Dan48906 #1222

you are very right Dan. Most in the pennies, especially, trade actively. I couldn't have said all that better myself.
It's definitely a serious problem with all stocks now.
I remember the market before everyone traded stocks on the internet so actively.
Stocks were definitely more stable.. way more stable.
Emphasis was on fundamentals, events, growth.
It's so bad now that you just can't afford not to sell when your stock raises in price.
Technical analysis is another penny stock kiiller.
It's become a self fulfilling prophecy because people believe it so they trade on it and thus the trades enter the market.

The fact is that now, with SO MANY people pressing buttons to trade so often, and often without true reason, you can no longer be content with evaluating the company and deciding if it's undervalued or has breakout potential.
Everyone else's decisions affect your own.. they impact the price, and you have to live with it.
I know it's frustrating.

Stocks don't hold gains and move permanently into new plateaus as often as they used to.
Of course the phletora of POS pennies only on the market to raise funds off the public's back by selling stock has contributed to the malaise.

concerning JYTO, I believe this one will do well and hit new plateaus permanently. It's young. Let's get through this next quarter and see what happens hopefully next year when they book net profits.
The website is much better with improvements just this week.
Of course there will be some PR soon too, they are due !
http://www.joytotousa.com