Here's something interesting that a "friend of a friend" posted on Ragingbull.com, after some dweebazoid started babbling on about an unpopular split.
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Dave, I am not accustomed to posting but I am making an exception because I do have first hand information regarding a reverse split. Obviously you have no clue who I am and must take anything you hear on the net with a grain of salt, but I assure you, THERE WILL NOT BE A REVERSE SPLIT OF LGOV. I own several hundred thousand shares of LGOV and have been a shareholder for 4 years(I know half the people reading this think I am nuts!) but it makes sense that I am hanging in with this stock for a reason and it is not because of a chart or whatever motivates people buy these pennies which any seasoned investor knows is a bad bet.My information is that this stock will do very well, very shortly. That may or may not be true, but no reverse split can be taken to the bank. Incidently to John Hollen, we will talk one day, we have a mutual friend in Michigan that you converse with occasionally, and if you know whom I'm referring to, then you can deduce that I am his source of info. Good luck to all.
(Voluntary Disclosure: Position- long; ST Rating- strong buy; LT Rating- strong buy)
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As I've mentioned before, there are a bunch of folks out there who hold huge blocks of shares (..that they paid up to $3+/share for..), and they are holding rock solid for the big run.
Makes the whiners around here sound pretty weak knee'd, doesn't it!
Regards,
John :-) |
