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Microcap & Penny Stocks : LifeOne, Inc. (LONE)

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To: last1out who wrote (601)5/18/1999 3:02:00 PM
From: MonteChristo  Read Replies (2) of 1834
 
The fact remains that we are in gambler's paradise right now. Big money and the Huff group are sitting on the sideline watching and waiting for the arbitration deal to be settled and the financials to be published. Until then, large buy pressure will not occur.

Yes, today was great news, but it also takes a gambler mentallity to go in to a company who's financials are unknown for the past 18 months or so. Yes, the rewards can be great, but my guess is that the big money would rather buy at $.60 and lose the opportunity costs from there to here than risk it until those are settled. They would much rather wait the 3-6 weeks for some financial reports.

Me? Well maybe I'm a gambler, but I've known this company for many years and Brent isn't going down without a good fight. And from what I've seen, he's won every fight thus far.
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