LGOV - Largo Vista Group, Ltd. Message Board

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

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To: Evan who wrote (4313)	7/22/1999 11:49:00 AM
From: jan_mike	Read Replies (1) of 7209

My guess would be there's not enough value left to make selling worth it. If it hits tax loss season selling for a dime with no further tangible progress, well see a stampede for the exit. In my case, I bought a chunk at .29 and sold all but a token position when it started backwards. I was never tempted to buy again at the lower level, having seen nothing I could hang my hat on. I had money poised to jump on if it was going to bust loose. Another lesson learned in the penny wars. They rarely base anywhere above the basement. News and hype move 'em north and lack of news or the harsh bite of reality move 'em south again. The winners play the bounces, patience will get you killed. It ain't the big board. Mike

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