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Microcap & Penny Stocks : LA Group, Inc. (ONTV - formerly LAAQ)

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To: Americo Burgos III who wrote (918)2/22/1999 10:10:00 AM
From: xbrent  Read Replies (1) of 1140
 
My take is that we had heavy market orders at the open which caused the gap. Profit taking quickly came in and the MM's wanted shares as well. We fell back to the low $1 area and have now weathered profit taking, and have new base above 1.25 The one million share volume should put the stock on all radar screens. The stock is now trading in a stable fashion with an upward bias. I look for it to break out at any time, finish strong today, and gap in the morning as the volume attracts additional attention.
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