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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (103)12/12/1997 10:27:00 PM
From: Manny Gugliuzza   of 942
 
as a soon to be lcav stockholder i decided to post this here and then brief it on the summit line. yosid! after charting and tech analysis since 1981 when i first entered this market my take on this is that the tech on this chart are virtual unreality. they are nearly destroyed due to 50% in 3 day air drop. john was 90 % correct in his post last nov. you cannot hold lcav investors to these shares after seeing a tighly held company with a 10% float only- going now to an extra 9 millon alone for summit shareholders. talk about a wall of worry!! what i do not understand is why the shareholders decided to dump these now./ these shares have been a done deal for a while.

there is however one saving tech that can possibly be applied here.
market makers are not going to have much control to manipulate this stock untill these extra shares comming to the market are grab by insiders or not sold at all by summit holders as i intend to do but to add to the position creating a head and shoulders up and out of the depths of this pit

where? book value? no clue as i will leave this to those with a formal business education to grind these numbers out. myself and i think others at summit site are torn between recent changes also.

being in the medical profession as a veterinarian for 22 years i have seen a lot of new techniques developed. they usually just get better
with time. when this dust settles and these shares of lcav are in our hands a floating trade of 12 million shares may not have as many sellers as you think especially at these prices.

what if most summit holders decide not to sell? then you could possibly bypass the shoulder formation altoughter. enough of my take

lets have some other possibles from others this site is far from dead.

thanks for your patience in reading this and all of your well written comments too.

ar.
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