lcav Message Board - Msg: 11489756

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : lcav

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Whiskey who wrote (913)	10/8/1999 2:35:00 PM
From: Manny Gugliuzza	Read Replies (1) of 942

Yes the stock outran the earnings estimate multiple in may and june when .41 cents was forcasted. I warned about that in a post Nov.23rd. Higher earning multiples are ok if the 40-45% growth rate is sustainable, but 40x earnings is a flag for me. That was a classic double top. right now over head resistance seems to come from the blowout in aug with huge vol distribution between 5-9$. A/D {Accum and distrib) did hit 0 2 weeks ago and has been climbing since. This came after the announcement of lower procedure cost for those clinics that the doctors had left and open their own clinics even in the same buildings. Prudential just announced thu Zacs Advisor that they also lowered oct # to .03 cents and the last report from the company was to meet the .05. they also lowered next Q a penny too. I would tend to expect this is there was lowering of prices at all clinics and LVCI joined in too and a real price war breaks out. So i see this as positioning too like yourself for their clients to get lower and catch another 100+ rise. This way they will not be wrong on the up side and just meeting the original earnings will bolster the price. good luck ar.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next