Leah Industries, Inc. (OTC-BB-LEAH) Message Board

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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: Beermeister who wrote ()	5/14/1998 3:56:00 PM
From: buzzcut	Read Replies (1) of 2153

Daryn, Buying this one's a little like wandering in the dark. Everything we get about this company comes through "wall street west" a Denver hype factory. Denver is historically a hot bed of penny operators. When exactly is it going to start reporting to the SEC so that we can look at those numbers? When are we going to be able to see some audited financials? When exactly is this baby getting off the bb? And is it going to be the amex or nasdaq? First it was nasdaq then sounds about amex? Which is it and why one and not the other? It's unlikely that we are going to see anything about Leah on CNBC. But prove me wrong and give me a date. W$W has dumped a constant load of posts on lots of boards and chat rooms (please start a board on Yahoo, guys) but the stock has dropped from 5 5/8 (the price on W$Ws home page) to 3.5. Looks like the PR job needs some fine tuning. I for one am waiting for the great underlying value to be expressed in the price, and really want to see this baby on an exchange so that we can improve its liquidity and coverage!! However wider coverage means greater scrutiny of the company. I hope the company can survive that. It looks like periodically there are some large quantities of leah stock being distributed to the market. Somebody doesn't have a lot of faith in the future of this company. For example, this morning lots of shares in a short period with a concommitant downdraft. Hugh spread now. Some buying of real small lots keeps the price at high point for latest trade. I've noticed this kind of trading action over a longer period of time. Any comment? Charles

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