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Microcap & Penny Stocks : lcav
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To: Manny Gugliuzza who wrote (273)4/17/1998 10:15:00 PM
From: Harry W. Lowe  Read Replies (3) of 942
 
AR,

You were wise to sell, if you got out in the $4.00 area, but you might not get $2.75 or $3.00/share. The stock encountered a price high established from July to October, 1997. My guess is that it will attempt another test at today's high after a short pullback. Whatever happens, the stock will continue its upside move to $6.00 before it runs into another upside resistance.

Harry
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