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Non-Tech : Lumacom Chronicles - a study of mania and madness
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To: Moominoid who wrote (6)1/22/2003 10:09:09 PM
From: TobagoJack  Read Replies (2) of 113
 
Hello David, <<... must be quite a few shares and some days there isn't much volume ...>> Yup, all via original private placement in December at AUD 0.065 when the share was hovering delicately at 0.08-0.12-ish.

I bought some LUM today on the open market for self and wife a/c at 0.26 accounting for most of the trades, and only got partial execution. The ask moved up.

The company is simply too small, with the effect that the more I buy the wealthier I nominally become. Sort of like the US real estate market or the gold market, or, for that matter, the iDotNet and eSlashCom markets ;0)

Chugs, Jay
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