lcav Message Board - Msg: 3247903

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Microcap & Penny Stocks : lcav

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To: Manny Gugliuzza who wrote (176)	1/24/1998 12:44:00 AM
From: yosid	Read Replies (1) of 942

Manny Question? Why are you putting up technical analysis on a dollar stock that is still dropping money out of the YingYang? This is at best a speculation, and subject more to investor psychology than the technical rules of supply and demand. Speaking of demand, I think a reverse split will create a kind of feeding frenzy that I've seen with other penny stocks. I'm hoping for a decrease in shares outstanding combined with a good earnings growth to get this stock above $5.00. I know most institutional investors would not touch a stock at its present level.

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