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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.

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To: Phil(bullrider) who wrote (4993)11/20/1999 4:41:00 AM
From: Ga Bard   of 7209
 
Now Bull you could have a good underlying point to your statement if they had not made to 10sb where they disclosed their stock structure. Also, I know no one has proven one thing what so ever about this stock in the almost two years I have tracked it after Eric Farris bought it to my attention.

Now this company has no credibility in the past and did not have any until this last press release as far as I am concerned. The infamous twist was the word major which the UAPC only does 6K Metric tons a month which no way compares to the major companies.

You know I spent a whole night and then the next day calling overseas till I got the verification on that last release. I do not care about their supposed ISP (another industry), or their pipleine whatever, or their water filters. What I do care about and the reason for me reconsidering this stock is the United Arab Petroleum Corporation deal because it is real and does have one of the Royal family as the chair ...

You could very well be right about doing nothing but selling shares and it is exactly displayed in the filings which is a good underlying basis for your opinion.

Hoever, Chinese and the Arabs like big floats. The reason is the stock trades much more effectively and big blocks can be bought without driving the price through the roof. They can capitalize off the weak and day traders in their buying.

You should know that big share orders are filled first in accordance with the rules of the SEC. Do not believe me ask your broker. Europeans looks at things much differently that the US ...

LGOV has one thing that is their only asset I like and that is the licenses which is exactly what the Arabs need and they have the backing money which is exactly what LGOV needs. WIN WIN

Also in that press release is Viet Nam, Los, and others. The Arabs are not looking at just China but the middle east as a whole. The price of oil here in the states does not affect LGOV either.

It has a 60M float and trades like it has only about a 20M. I believe it is bought up and the reason is wake math.

starting point .10 - .50 the top of the run = .40 the difference / 2 for day traders and BTSers = .20 + .10 the starting point = .30 times .70 for day traders wake = .21.

Now today that is exactly what happened. It will stablize around the floor of .30 and the next run should go to ...

.30 x 1.75 as a minimum = .52 with a 1.3 factor for run based on market orders = .68 and can go higher depending on the momentum.

I do not see a dilution myself ... It is trading as it should. Of course there is going to be rises and falls as the MMs get an inventory for the next run.

Might want to really look at that release and consider the backing money and influence coupled with LGOV's licenses.

ALso consider the contacts of LGOV in the middle east and the contacts of the Saudies.

Just a thought you might want to consider.

:-)

Gary
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