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Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?
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To: Euan Hayward who wrote (429)12/5/1997 1:09:00 PM
From: Meisterama  Read Replies (1) of 619
 
New to this thread.

Hello. I am a broker who lurks on a number of these SI forums, and occasionally jump in, like I'm doing now.
Can anybody make a case for advising one of my clients to hold onto her sizable position in this stock?

I have had conversations with Mr. Kurple, and was less than impressed. And I really don't think they have a clue when it comes to investor relations -- the news vacuum is frightening.

Am I being too hard on management? Are they really that weak? If so, are the products and partnerships strong enough to justify holding this stock anyway? Do low oil prices weaken this company's competitive position?

I am very concerned about what the Q3 numbers will show, assuming they are eventually released (bulletin board stocks scare me -- no SEC filing requirements to keep managers in line). Any sign of significant negative cash flow would be dangerous, it seems.

Thanks.
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