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Microcap & Penny Stocks : BLHG, BEACON LIGHT HOLDINGS

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To: LaShark who wrote (431)5/4/1998 8:07:00 PM
From: Mark[ox5]  Read Replies (1) of 658
 
Depends on your timetable Chris ... in time I think your projections make sense.. in the short term, there will be a lot of profit taking.

Lots of people are happy to buy at .81 and sell at 1.62, or buy at $1, and sell at $2, or buy at $1 and sell at $3.. so you have a lot of selling to always deal with....

We shall see.... important thing is everyday the float is slowly being sucked up by longer term holders.... any sort of rush of demand for shares and i think the $2 we saw on the last run up will be easy to surpass....

Mark
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