I added 7,000 shares to my position at an average of 1.09 today.
I don't understand why anyone would sell when we have so much to look forward to.
An interesting post from Raginbull:
By: Thunderbolt9
Reply To: 918 by FlashFusion Tuesday, 15 Jun 1999 at 3:52 AM EDT
Post # of 933
Good call, but you are missing some details.
FlashFusion, your research is pretty good, but you are missing a few other developments coming up. Still your sources are good and your research is worthy of praise. As expected, consolidation finally came and support held up at important level. Looking for strength by Wednesday at the latest.
-- Major announcement Tues/Wed on an unexpected development that propels LZMCF in front of its target audience in a major way. Result of the NY meeting.
-- Schwartz connection to lead this company to Hollywood news within 2 weeks. Also from NY meeting. This is an alliance that confirms many earlier suspicions and could put LZMCF before the prime-time masses.
-- Announcement of plans to launch of a 2nd website might be coming within 3 weeks or less. This one is very hush-hush and nobody is talking about it. Something is wafting around in the air, though, and would like details to confirm one rumor I heard. You first, and I'll reply if it matches what I heard.Also from New York meeting.
-- DiBenedetto got phone calls from several Boston fund managers, after the announcement, who were checking up that this wasn't a hoax or a mistake. Near term, he will be introducing his friends to LZMCF in the same way we've seen Schwartz and Lifton bring their friends onboard.
-- Got some information from someone close to Broadcast.com about LZMCF -- killer news coming next week or week after. Definitely killer news. Worth at least a case or two of Louis Roederer Cristal or Veuve Cliquot and a box of Cohiba Robustos for the guys putting this deal together.
-- Hue spent an extra day in New York. Anyone notice? Another major endorsement coming?
-- Hue leaving immediately for Los Angeles. Result of NY meeting. This one is the brass ring.
-- Forget $5 per share. That's just a random level where stock becomes marginable. Flash, you should be wondering how to leverage yourself, and at what points to leverage, between now and $10 or $20 per share. Will you still be around, then, because I know I will.
Enough for now. More research coming tomorrow. One of the shells I had been recently picking away at for the past few months just came out today. On OTC BB: PBRR. Should have the same impact as Bid.com did once the promotions kick off in, sometime in July. Like LZMCF, this will make big news, too.
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