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Microcap & Penny Stocks : LFEI - A trading shell!

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To: Neurogenesis who wrote (16)4/5/1997 5:40:00 PM
From: Don Downing   of 68
 
Steve's post is an educated veiwpoint on the situation. People either love shells, or they hate them. The opportunity is huge, but you have to know when to take a profit, or the "crab" needs to be a succesful situation.

Lfei has sifnifigant cash in the bank and an audit is underway. I will be posting the information here as soon as it is released.

The downward pressure on LFEI this week is from one party. Reveiw of the trades and DTC's indicates this party has approximately 500,000 more shares to sell, assuming the party wants to liquidate the entire position. This is good as far as extending the opportunity to get innvolved in lfei at these levels another week or so. My talks with the people working on this deal indicate that as soon as this position is liquidated, or stops selling off, the internet PR program will begin. In other words we could be seeing some action late this week, for sure the following.

Happy Investing, Don Downing

P.S. I'm impressed with your post Steve.
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