SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : LENP.T (LXPYF-OTC.BB) Best story ever?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scott Lacy who wrote (171)12/27/1996 12:09:00 AM
From: Dan Turner   of 619
 
Hi Scot. Welcome.

My broker tells me the bid/ask. It's also available (15-minute delayed) at the Secapl site. Etrade, if you use them, *may* have a current bid/ask. I don't know.

I use a limit order, and would think that would be safe since there's so little volume in the stock these days. If I recall correctly the spread is not too wide. If you don't get a fill and your limit is close to the ask price, you can sometimes get a fill just by raising it a penny. (That happened to me once.)

In terms of the timing for Lenox, their recent transition to profitability, I would agree, is most important.

On the formaldehyde point, I had thought that was thoroughly discussed in this thread -- though mostly at the beginning of it. Maybe I should check back on it. Yes, indeed, that point is VERY important, too. Especially since new environmental regulations are going into effect SOON. Lenox has been talking with several foundries that may be shut down if they don't transition to using Xyloy.

Regards,

-DT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext