LGOV at the open eh? Watch it, lotsa hype on Bobz and elsewhere.
If it gaps on schmucks with market orders, or runs away at the open, I'd wait, for the shake, it'll come.
While I trust DD et al's judgement with one's on the bottom, and China plays are hot, I'll tippy toe, not dive in. This has gotta be a real speculative one hoping the boys have some hot deals coming.
Suffice with a couple thoughts.
No cash, lotsa shares, lotsa 144's filed.
edgar.sec.gov
biz.yahoo.com
Executives are well paid, both cash and restricted share awards.
" Prior to September 27, 1999, there were 200,000,000 authorized shares of Common Stock of which 186,013,021 shares were issued/outstanding. However, on September 27, 1999, the Board of Directors passed a resolution to increase the authorized shares to 400,000,000 with a par value of $0.001. On October 4, 1999, shareholders representing a majority of outstanding shares approved the resolution... A certificate of amendment was filed in the public records of the State of Nevada on October 7, 1999." |