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Microcap & Penny Stocks : LGOV - Largo Vista Group, Ltd.

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To: jmhollen who wrote (3226)3/9/1999 10:11:00 AM
From: jmhollen  Read Replies (1) of 7209
 
Here's what qualifies as:
A) dumb move...
B) what whacked the price yeserday..
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LARGO VISTA SHAREHOLDER FILES FORM 144, TO SELL SHARES
WASHINGTON, DC, Mar. 08, 1999 (States via COMTEX) -- Vanity, A.V.V., shareholder, Largo Vista Group, Ltd. of Newport Beach, Calif., reported on Feb. 17, 1999, the proposed sale of 350,000 shares in Feb. 1999, for $80,000 through EquiTrade Securities Corp.

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Presuming the effect was intentional, I'll bet this person/people will be buying at the lower number today - and then, as we move up through $0.23 [their supposd sell price] they won't actually sell.

Even if they do, it will only be a blip on the horizon at that point.

I have several freinds holding a lot more shares than what's mentioned above - life just gets weird approching a stockholders meeting! ;-)

Regards,

John :-)
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