LifeOne, Inc. (LONE) Message Board

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

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To: paper man who wrote (1178)	6/7/1999 2:57:00 AM
From: Mr. Jens Tingleff	Read Replies (2) of 1834

Received one e-mail, killing the theory - Apparently the Penny Stock Investor "newsletter" goes out to a line of members - I'd say there are a line of members they lost this time. Here is the content of the e-mail received - Thank you very much to the aol-member helping us out here, And welcome as a long investor in LONE :-) From an anonymous e-mailer: ============================================= The buys that you saw Thursday morning were after hours market orders placed by a multitude of morons (like myself) trying to play a quick run up by the announcement in Penny Stock Investor. Penny Stock Investor makes a "pick" every week or so and sends out an email to a dist. list at 5am on a give morning. The stock usually runs and people make profits. Generally, only those who own the stock the day before. The email came Thursday morning with "LONE" as the pick and tons of people put in market buy orders...I myself included for 2000 shares. I got filled at .82. I know, I know I shouldn't of done this and NEVER will again. In a way I am actually glad...I have done a lot of DD since "backing" into this stock and really like the potential. I plan to hold long and average down and make it a part of my portfolio. I have always preached against after-hours market orders and don't like pennystock investor...but I saw it work for several other sotcks...and thoguht...what the heck, I would try it....never again. From now on, I do my DD up front and buy a stock that I think is a good investment. But, like I said, I am happy to be in LONE! _________________________________ So what happened was that MM's drove the price up shorting and took their earnings on the way down. We can be happy they did not short on wednesday baseprice and ran it further down afterwards. I guess we owe the MM's one :-) And Glen, they may have taken it up there in order to be sure to get covered at profittaking - It is possible there is not much stock available out there and the certs action started may very well have helped there.IMHO. Kr Jens

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