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Technology Stocks : Lightpath Technologies: LPTH New WDM player -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (525)1/13/2000 11:09:00 PM
From: PartyTime  Read Replies (1) | Respond to of 1219
 
I've been in LightPath since '97. Even though I think the stock is excellent and what more would you want to invest in for a futuristic investment, I've always felt the market makers jerk it around too much.

It got its first big gain during the half day before Thanksgiving. The week prior it was sitting in the three-four dollar range with about a half a dozen or more 5000 sells, on Island, hovering for sale at the 10 mark. That half-trading day came in and swish, they were sold. A few weeks prior to that LPTHA was for sale near two.

The second giant jump came on the half-trading day around New Years where it went into the 20s.

My strategy was to keep the commons and sell my Z's at 12. Glad I did. And I'm hoping to buy 'em back close to five.

With the conversion of the A warrants there are more Z warrants now in the trading pool. This would have to collapse the price.

I think the Z price is going to go even lower. The way these market makers work, I wanna pick up 'em up at just the right time. Hope I'm right on.

Good luck all!