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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: StocksDATsoar who wrote (29277)2/20/2000 3:30:00 PM
From: Eric Fader  Read Replies (1) of 150070
 
Thanks Speedy! My own observations would support their estimate of LAJD's float. When the stock was between .10 and .15, it rarely traded, and I sat on the bid for weeks trying to amass a decent-sized position. The last week or two, the much higher prices have brought out a couple million shares that were formerly held by long-termers. Once those shares are fully absorbed by new strong hands, IMO, the stock goes to at least $2-3. With the addition of new management, including the guy formerly with Nutrition for Life, it's obvious that LAJD is now on the radar screen of a lot of people in that field.
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