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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?


To: george eberting who wrote (5426)12/11/1997 11:49:00 AM
From: SE  Read Replies (3) | Respond to of 10368
 
Looking at this logically, I can give you reasons why the stock is where it is right now. Arbs, Shorters, the individuals holding warrants without funds to convert creating an excess supply of stock. This is simply an arbs dream and a supply problem. I see both of those problems gone at 12/22. Logic does rule the day and it does so now. The arbs and the professionals knew they could create fear and they did so. There is a logical explanation why "emotion" came into play.

Now I cannot come up with any logical or emotional reason why the stock will be down on 12/23. None. Guarantee??? I wish I could do that. However, I will be speaking with my pocketbook and converting my warrants.

Let's not forget the article. "50% return on your money!" I don't have the link right now, but so far everything that article said would happen either directly or by implication has happened. We should have heeded the advice a long time ago.

GO PACK GO!

-Scott



To: george eberting who wrote (5426)12/11/1997 9:04:00 PM
From: Thomas L. Lewis  Read Replies (2) | Respond to of 10368
 
George, sorry to see you catching so much flack. I certainly understand where you are comeing from. I'm long bngo and I'm going to hang in there, but I don't turst management of this company like alot of people. This warrant call was handled very poorly, I don't think too many would disagree with that. A couple of quarters down the road, and with a NMS listing, this warrant call would have been little more than a bump in the road. I'm not even convinced of a turnaround after the warrant call. You have to figure that all the people that had to convert that really didn't feel comfortable converting, will be selling on the way up. There will be alot of resistance on the way up. Kind of like the stock that Investors Associates was selling off back in the spring. JMO