Littlefield Corporation (LTFD) Message Board

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Non-Tech : Littlefield Corporation (LTFD)

LTFD 0.170

0.0%

Sep 29 11:29 AM EST

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To: Jay D. who wrote (5743)	12/19/1997 12:24:00 PM
From: SE	Read Replies (2) of 10368

Let's think about this another way. The stock is sitting just above the conversion price. People are buying and people are selling. Who is buying and who is selling??? My thought is that normally individuals do not buy stocks when they are hammered. So therefore, individuals, for the most part are not creating this volume we see. If not individuals, who..institutions. Who is selling? Someone with some sort of knowledge that we do not have??? No way, the stock would be tanking if that was the case as I have already concluded that the individuals are not buying.so if the professionals were selling in bulk like this, we would be down big. Therefore, this selling must be the final few individuals who just cannot wait another couple of days to see what happens. Seems odd to me that we have all of this volume two days prior to expiration, but heck, what do I know.. I did not sell my warrants at the top. GO PACK GO! -Scott PS - MLOG. Don't know what they do or anything else about them. Don't base the decision on earnings to price alone.

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