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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)

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To: Stephen Y. Shapiro who wrote (460)2/27/1998 9:15:00 PM
From: Ga Bard  Read Replies (1) of 1140
 
What are you talking about ... Look at the volume it takes to move this one. They only have 4 M float and only 15M outstanding. I have heard that before on this stock and after talking to the company and discovering a MArket Maker was calling I expected this reverse split crap to surface and maybe some other negative what evers.

With such a small float WHY would they reverse split??? That makes no sense to me at all. I asked or rather said that I heard something to that effect and I was told simply "No" They feel they have the right size float ... Not to big or to small.

A reverse split would be of no value what so ever. Who did you talk to that told you this? I get so tired of people using key terms to stop a stock from going up especially after a market maker calls the compnay. I am not saying you are but I do not understand the motive of your post since the float is so small and a lot of it is held. It moves better than LTGL. 300K and it almost trips today wher LTGL doubles on 10M.

I am not saying you are anything but that post gets my claws.

Happy Trading

GaBArd

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