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


To: SE who wrote (5427)12/11/1997 12:10:00 PM
From: ted w. kentzel  Respond to of 10368
 
To all;

The problem I see right now is lack of volume. True, we don't know how many warrants have been exercised, but I believe there is a considerable amount of warrants still in weak hands. Because the article on warrants stated there is a big rise at the end of the call, everyone is waiting patiently for the end to get here. It could be a bloodbath the last 3 days. However, I don't see the price going below $5. There's too much money on the sidelines and these people won't let the stock drop much past $5.50 to buy as the apparent floor is $5. If they buy at $5.50, they will get a 50% return at only $8.25.
I strongly believe after the successful call is over, after BNGO releases positive acquisition announcments and after BNGO is listed on the top tier of NASDAQ at the end of January, BNGO will be above $8.25.
Ted



To: SE who wrote (5427)12/11/1997 12:15:00 PM
From: upndn  Read Replies (2) | Respond to of 10368
 
<<<<This is simply an arbs dream and a supply problem. I see both of those problems gone at 12/22>>>>

Absolutly, the quicker the warrents are converted the quicker the "street" will focus on the good fundimentals of BNGO. Not to mention $2.00 cash and assetts per share on 12/23. We are dragging bottom and oversold.
Jim



To: SE who wrote (5427)12/11/1997 12:32:00 PM
From: upndn  Read Replies (1) | Respond to of 10368
 
If you had just discovered this company, what would you think of it if you had just finished reading all 5000 posts on this thread?

"Gee I'm glad I did't find this company 2 months ago."
"The company's stock is depressed because of this warrent thing."
"Good management, balance sheet, business plan, money in the bank and making more every quarter."
"What will the stock price be in one and two years if the company continues to successfully carry out it's business plan?"
"$5.00 to $6.00 is the lowest this stock will likly be if the above is true..?..."
"Now is probably a good time to buy before any more mergers are announced."

Jim