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Microcap & Penny Stocks : Level Best Golf (LBGF)
LBGF 0.00010000.0%Jan 14 3:00 PM EST

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To: Baldur Fjvlnisson who wrote (263)7/31/1998 7:39:00 PM
From: Tech Watcher   of 345
 
You have an understanding of what is going on. Obviously, since the situation is there, nobody can fault you for trading any listed stock to your advantage. I applaud anyone for being creative enough to search out these stocks. The problem does not lie with the traders.

My problem is that a stock like this remains open to trading at all. Too many people have the feeling that marketable securities is a well-regulated industry and that someone is looking out for their best interests. Trades like these leave a bad feeling in peoples mouths and lead them to believe that the little guy can never beat the insiders.

There is a place for speculative trading, but the pump and dump sites try to pass it off as real investing.

Good luck,

- Tech Watcher
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