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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying

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To: Tom Hua who wrote (812)4/14/1999 1:34:00 PM
From: Bo Le  Read Replies (1) of 1305
 
LPGLY is exception strong even with the leader CMGI tank 20 plus points. Seems I made mistake by unloading my LPGLY shares this morning even though I have over 100% return in few days. This market for venture cap firms like CMGI is crazy. I don't know how long the party will last, days, weeks, or is already over? We all made good money on this un-believable run. It's time for me to think about risk going forward. The market can take back what ever she gives you even quick than we blick our eyes. I will maintain my short position on WCAP, long position on bgf and a small position pwcc, but no more new buying at least for the rest of week, except pick some more pwcc shares if it is going further down but flas stay flat or move higher. It is not LPGLY/WCAP/PWCC has real "VALUES", it is CMGI made all these possible. Now CMGI is going south, we need be very careful to avoid giving back all our gains. Just my two cents.

BL
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