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Microcap & Penny Stocks : Leah Industries, Inc. (OTC-BB-LEAH)

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To: Tarheel who wrote (1044)1/26/1999 3:55:00 PM
From: Kelton  Read Replies (1) of 2153
 
Fact is, for some reason this latest Business Wire news was delayed. It did not appear on E*trade until less than an hour ago, it was delayed elsewhere, also.
My observation is that most people either think Leah is a scam or misunderstand the nature of their business in Russia.

Another factor that might scare away many investors is that Leah is known to think big: "Next Home Depot of the Internet. . ." "should be valued at $20 in a couple of years. . .", etc. Most investors do not jump aboard a stock while it is down in the basement, they wait until it already has momentum! For example, look at KANA . . .01 to $3.00 since October. When was this stock most traded? -After it hit $1 yesterday --which was where I sold it--oops! , (but after riding it from pennies!).
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