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Strategies & Market Trends : 1-DAY-TRADERS on MOMENTUM - Short & Long Stock picks

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To: Ron who wrote (326)	10/11/1998 1:58:00 PM
From: jmhollen	Read Replies (1) of 537

Here's some info for "where to make a buck" in this screwy market. There is an established company, Largo Vista Group, Ltd., which wholly owns Xinmao Petrochemical in mainland China. Xinmao imports and distributes LPG (liquified petroleum gas: same as natural gas) in bottled form and via pipelines to a major portion of the country. Business is good and growing, with many side opportunities for the company. Several form 144's were filed recently to permit some of the original (or inherited) shareholders to be able to sell their positions in the future. Note: these folks sold nothing upon the filings. Likewise, there has been little news out on this company lately. Management is in "radio silence" mode prior to announcement of Board appointments and formal submittal of financials; to become fully reporting. Everybody interested is clammoring for news - but, it's NOT going to happen until it's exactly right for LGOV. The 30-day clock is running however! Search engine work on the subject will yield reasons to buy. Due to a "sky is falling" reaction by some overly-aggressive, rumor generating Edgar-watchers, LGOV (..coasting along at $0.20 for some time..) took a -0.07 dip on Friday. When the "discovery" of this artificial drop is discovered by the thundering herd, the stock will be back at 0.20 and poised for a Vandenberg launch. Minimum 1/2-bagger this coming week; stay tuned - more to come...! :-)

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