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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (483)7/29/1998 12:20:00 PM
From: John Poydock  Read Replies (2) of 942
 
Greetings,,,,I suggest all you TA types put your charts down and look at the long term potential of this company. This is not mrk or csco where you can get a true readings on your charts, as this company has not even made a profit yet.
Yes, the daily volume (blood pressure) can give some insight here, but at this stage of "this" company your charts are useless compared to news and earnings (investor perception). The last Co. news released was simply great, and rather than looking at you mda's you might look at the huge potential here in the year to come. The fact that money Mag. picked it as one of its best stock ideas for the next 12 months (not on ta i'm sure)is just one indication.
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