lcav Message Board - Msg: 5354649

STOCKTALK

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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (488)	7/29/1998 7:53:00 PM
From: Manny Gugliuzza	Read Replies (1) of 942

Most of the selling i do is based not only on profits but certain market intervals, irregardless of stock prices and to acquire other stocks that present special situations and it really is not all that accurate a technique. It keeps me disciplined and moving. The few shares sold although profitable was part of a general sell down as i had posted and it will be time to go shopping soon. Buying is more enjoyable to me, the selling-- boom its done not really fun even if it is profitable. short term negatives have prevailed and very soon after this 3.5 area is tested but i do not see real distribution occurring until the 7-8$ area when or if most of the dilutive effect of the series B convertibles take effect. but technically you could classify this as short term distributive pattern especially considering the # of times it has occurred( what 5-6 X now?). ar.

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